Bal Kanwardev Raja Singh - Oct 12, 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
Stock symbol
INDI
Transactions as of
Oct 12, 2024
Transactions value $
-$116,115
Form type
4
Date filed
10/16/2024, 06:33 PM
Previous filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class A Common Stock Options Exercise $0 +69.5K +592.35% $0.00 81.2K Oct 12, 2024 Direct
transaction INDI Class A Common Stock Tax liability -$116K -31.6K -38.84% $3.68 49.7K Oct 14, 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 Phantom Awards Options Exercise $0 -69.5K -100% $0.00 0 Oct 12, 2024 Class A Common Stock 69.5K 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 phantom awards.
F2 Each phantom award represents a contingent right to receive one share of Class A Common Stock.
F3 Such phantom awards vested in a final installment of 69,500 shares on October 12, 2024.