Michael Wittmann - 19 Jun 2024 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Jun 2024, 20:46:58 UTC
Prior SEC filing
22 May 2024
Next SEC filing
03 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Wittmann, by Naixi Wu pursuant to power of attorney filed on January 22, 2024

Key filing fact

Michael Wittmann filed Form 4 for indie Semiconductor, Inc. (INDI) on 21 Jun 2024.

Key facts

  • This page summarizes Michael Wittmann's Form 4 filing for indie Semiconductor, Inc. (INDI).
  • 6 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 21 Jun 2024, 20:46.

Change

  • Previous filing in this sequence was filed on 22 May 2024.
  • Current net transaction value: -$15,624.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INDI transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+2,520
Change %
+6.7%
Price
$0.000000
Shares after
40,380
Date
20 Jun 2024
Ownership
Direct
INDI transaction

Class A Common Stock

Tax liability

Transaction value
$5,568
Shares
-898
Change %
-2.2%
Price
$6.20
Shares after
39,482
Date
21 Jun 2024
Ownership
Direct
Footnotes
F1
INDI transaction

Class A Common Stock

Sale

Transaction value
$10,056
Shares
-1,622
Change %
-4.1%
Price
$6.20
Shares after
37,860
Date
21 Jun 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INDI transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+25,000
Change %
Price
$0.000000
Shares after
25,000
Date
19 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
25,000
Exercise price
Footnotes
F3, F4
INDI transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+2,520
Change %
Price
$0.000000
Shares after
2,520
Date
20 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,520
Exercise price
Footnotes
F3, F5
INDI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-2,520
Change %
-100%
Price
$0.000000*
Shares after
0
Date
20 Jun 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,520
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote F2

Represents shares of Class A common stock sold in the open market in accordance with a sell-all election made at the start of a program period of a voluntary equity compensation program as approved by the Board of Directors in June 2023. This election was made during an open trading window while Mr. Wittmann was not in possession of material non-public information.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

Footnote F4

The time-based restricted stock units shall vest and become nonforfeitable with respect to fifty percent (50%) of the total number of restricted stock units on March 1, 2025 and 2026.

Footnote F5

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.

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