Kanwardev Raja Singh Bal - 31 Aug 2024 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role
SVP Chief Accounting Officer
Signature
/s/ Bal, Kanwardev Raja Singh by Naixi Wu pursuant to power of attorney filed on December 7, 2022
Issuer symbol
INDI
Transactions as of
31 Aug 2024
Net transactions value
-$22,999
Form type
4
Filing time
04 Sep 2024, 20:36:40 UTC
Previous filing
02 Jul 2024
Next filing
16 Oct 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 +12,500 +241% $0.000000 17,676 31 Aug 2024 Direct
transaction INDI Class A Common Stock Tax liability $22,999 -5,943 -34% $3.87 11,733 03 Sep 2024 Direct F1

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 Options Exercise $0 -12,500 -33% $0.000000 25,000 31 Aug 2024 Class A Common Stock 12,500 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 The time-based restricted stock units shall vest and become nonforfeitable with respect to twenty-five percent (25%) of the total number of restricted stock units on each of the first, second, third and fourth anniversaries of the grant date.