Donald McClymont - 03 Jan 2025 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Signature
/s/ Donald McClymont by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Issuer symbol
INDI
Transactions as of
03 Jan 2025
Net transactions value
-$141,629
Form type
4
Filing time
07 Jan 2025, 17:54:36 UTC
Previous filing
18 Dec 2024
Next filing
03 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class A Common Stock Options Exercise $0 +6,154 +34% $0.000000 24,505 03 Jan 2025 Direct
transaction INDI Class A Common Stock Options Exercise $0 +71,625 +292% $0.000000 96,130 03 Jan 2025 Direct
transaction INDI Class A Common Stock Tax liability $10,468 -2,232 -2.3% $4.69 93,898 06 Jan 2025 Direct F1
transaction INDI Class A Common Stock Tax liability $131,161 -27,966 -30% $4.69 65,932 06 Jan 2025 Direct F1
holding INDI Class V Common Stock 5,416,425 03 Jan 2025 Direct
holding INDI Class A Common Stock 68,115 03 Jan 2025 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 Restricted Stock Units Options Exercise $0 -6,154 -50% $0.000000 6,154 03 Jan 2025 Class A Common Stock 6,154 Direct F2, F3
transaction INDI Restricted Stock Units Options Exercise $0 -71,625 -33% $0.000000 143,250 03 Jan 2025 Class A Common Stock 71,625 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.