Donald McClymont - 30 Apr 2024 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role
Chief Executive Officer, Director
Signature
/s/ Donald McClymont by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Issuer symbol
INDI
Transactions as of
30 Apr 2024
Net transactions value
-$41,928
Form type
4
Filing time
02 May 2024, 19:43:53 UTC
Previous filing
03 Apr 2024
Next filing
30 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class A Common Stock Options Exercise $0 +20,851 +38% $0.000000 75,697 30 Apr 2024 by spouse
transaction INDI Class A Common Stock Tax liability $41,928 -7,582 -10% $5.53 68,115 01 May 2024 by spouse F1
holding INDI Class A Common Stock 83,731 30 Apr 2024 Direct
holding INDI Class V Common Stock 5,639,506 30 Apr 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INDI Phantom Awards Options Exercise $0 -20,851 -100% $0.000000* 0 30 Apr 2024 Class A Common Stock 20,851 $0.000000 By spouse F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock sold in the open market to pay for withholding taxes in connection with the vesting of Phantom Awards ("Phantom Units").
F2 The Phantom Units vested 25% on December 10, 2021, December 1, 2022 and 2023. Subject to satisfaction of the further vesting condition under the Phantom Award Agreement, the remaining 25% will vest on the earlier of December 1, 2024 or termination of service.
F3 Upon termination of service on April 30, 2024, Phantom Units were vested pursuant to the Phantom Award Agreement.
F4 N/A