Donald McClymont - 01 Jun 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
01 Jun 2024
Net transactions value
-$29,431
Form type
4
Filing time
04 Jun 2024, 19:04:56 UTC
Previous filing
30 May 2024
Next filing
21 Jun 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 +11,245 +13% $0.000000 94,976 01 Jun 2024 Direct
transaction INDI Class A Common Stock Tax liability $29,431 -4,065 -4.3% $7.24 90,911 03 Jun 2024 Direct F1
holding INDI Class V Common Stock 5,589,506 01 Jun 2024 Direct
holding INDI Class A Common Stock 68,115 01 Jun 2024 by spouse

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 Restricted Stock Units Award $0 +11,245 $0.000000 11,245 01 Jun 2024 Class A Common Stock 11,245 Direct F2, F3
transaction INDI Restricted Stock Units Options Exercise $0 -11,245 -100% $0.000000* 0 01 Jun 2024 Class A Common Stock 11,245 Direct F2, F3
* 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 restricted stock units.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F3 Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent shares received in lieu of a percentage of cash salary as part of a voluntary equity compensation program as approved by the Board of Directors in June 2023. The number of underlying shares is equal to the amount of the forgone salary, divided by the closing trading price of INDI on the date of grant.