Donald McClymont - 12 Nov 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
12 Nov 2024
Net transactions value
-$942,500
Form type
4
Filing time
14 Nov 2024, 18:14:07 UTC
Previous filing
04 Sep 2024
Next filing
29 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class V Common Stock Options Exercise $0 -50,000 -0.89% $0.000000 5,539,506 12 Nov 2024 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +50,000 +51% $0.000000 148,351 12 Nov 2024 Direct F2
transaction INDI Class A Common Stock Sale $235,000 -50,000 -34% $4.70 98,351 12 Nov 2024 Direct F3, F4
transaction INDI Class V Common Stock Options Exercise $0 -50,000 -0.9% $0.000000 5,489,506 12 Nov 2024 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +50,000 +51% $0.000000 148,351 12 Nov 2024 Direct F2
transaction INDI Class A Common Stock Sale $236,000 -50,000 -34% $4.72 98,351 12 Nov 2024 Direct F3, F5
transaction INDI Class V Common Stock Options Exercise $0 -20,000 -0.36% $0.000000 5,469,506 12 Nov 2024 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +20,000 +20% $0.000000 118,351 12 Nov 2024 Direct F2
transaction INDI Class A Common Stock Sale $94,200 -20,000 -17% $4.71 98,351 12 Nov 2024 Direct F3, F6
transaction INDI Class A Common Stock Sale $141,300 -30,000 -31% $4.71 68,351 12 Nov 2024 Direct F3, F6
transaction INDI Class A Common Stock Sale $236,000 -50,000 -73% $4.72 18,351 12 Nov 2024 Direct F3, F7
holding INDI Class A Common Stock 68,115 12 Nov 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 ADK Class A Units Options Exercise $0 -50,000 -0.89% $0.000000 5,539,506 12 Nov 2024 Class A Common Stock 50,000 $0.000000 Direct F2, F8
transaction INDI ADK Class A Units Options Exercise $0 -50,000 -0.9% $0.000000 5,489,506 12 Nov 2024 Class A Common Stock 50,000 $0.000000 Direct F2, F8
transaction INDI ADK Class A Units Options Exercise $0 -20,000 -0.36% $0.000000 5,469,506 12 Nov 2024 Class A Common Stock 20,000 $0.000000 Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Cancellation of Class V Common Stock upon Reporting Person's exchange of ADK Class A Units for an equal number of shares of Class A Common Stock. See note 2.
F2 Class A Common Stock received upon conversion of ADK Class A Units. The ADK Class A Units may be exchanged by the Reporting Person at any time after December 10, 2021 for an equal amount of shares of Class A Common Stock or, at the election of the Issuer, cash equal to the fair market value of such shares. Upon the Reporting Person's exchange of an ADK Class A Unit for Class A Common Stock, an equivalent number of shares of Class V Common Stock will be cancelled.
F3 Represents shares of Class A common stock sold in the open market.
F4 The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $4.70 to $4.72, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote
F5 The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $4.70 to $4.73, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote
F6 The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $4.70 to $4.77, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote
F7 The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $4.70 to $4.76, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote
F8 N/A