Kanwardev Raja Singh Bal - 03 Jan 2025 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
03 Jan 2025
Net transactions value
-$22,324
Form type
4
Filing time
07 Jan 2025, 17:52:49 UTC
Previous filing
16 Oct 2024
Next filing
15 Jan 2025
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 +9,375 +19% $0.000000 59,055 03 Jan 2025 Direct
transaction INDI Class A Common Stock Tax liability $22,324 -4,760 -8.1% $4.69 54,295 06 Jan 2025 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 -9,375 -33% $0.000000 18,750 03 Jan 2025 Class A Common Stock 9,375 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.