Key facts
- This page summarizes Michael Wittmann's Form 4 filing for indie Semiconductor, Inc. (INDI).
- 11 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 10 Mar 2025, 19:00.
Michael Wittmann - 06 Mar 2025 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)
- Reporting relationship
- Chief Operating Officer
- Issuer ticker
- INDI
- Reported as of
- 06 Mar 2025
- Net transaction value
- -$69,912
- SEC form
- 4
- Accepted by SEC
- 10 Mar 2025, 19:00:37 UTC
- Prior SEC filing
- 04 Mar 2025
- Next SEC filing
- 16 Apr 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michael Wittmann, by Naixi Wu pursuant to power of attorney filed on January 22, 2024
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Wittmann filed Form 4 for indie Semiconductor, Inc. (INDI) on 10 Mar 2025.
Change
- Previous filing in this sequence was filed on 04 Mar 2025.
- Current net transaction value: -$69,912.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
INDI
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +12,500
- Change %
- +29%
- Price
- $0.000000
- Shares after
- 55,582
- Date
- 06 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
INDI
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +25,000
- Change %
- +45%
- Price
- $0.000000
- Shares after
- 80,582
- Date
- 06 Mar 2025
- Ownership
- Direct
INDI
transaction
Class A Common Stock
Sale
- Transaction value
- $13,062
- Shares
- -4,504
- Change %
- -5.6%
- Price
- $2.90
- Shares after
- 76,078
- Date
- 07 Mar 2025
- Ownership
- Direct
- Footnotes
- F2
INDI
transaction
Class A Common Stock
Sale
- Transaction value
- $26,291
- Shares
- -9,066
- Change %
- -12%
- Price
- $2.90
- Shares after
- 67,012
- Date
- 07 Mar 2025
- Ownership
- Direct
- Footnotes
- F2
INDI
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +21,750
- Change %
- +32%
- Price
- $0.000000
- Shares after
- 88,762
- Date
- 08 Mar 2025
- Ownership
- Direct
INDI
transaction
Class A Common Stock
Sale
- Transaction value
- $22,800
- Shares
- -8,114
- Change %
- -9.1%
- Price
- $2.81
- Shares after
- 80,648
- Date
- 10 Mar 2025
- Ownership
- Direct
- Footnotes
- F2, F3, F4
INDI
transaction
Class A Common Stock
Sale
- Transaction value
- $7,758
- Shares
- -2,761
- Change %
- -3.4%
- Price
- $2.81
- Shares after
- 77,887
- Date
- 10 Mar 2025
- Ownership
- Direct
- Footnotes
- F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
INDI
transaction
Derivative
Performance-based Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +25,000
- Change %
- Price
- $0.000000
- Shares after
- 25,000
- Date
- 06 Mar 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 25,000
- Exercise price
- Footnotes
- F5, F6
INDI
transaction
Derivative
Performance-based Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -12,500
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 12,500
- Date
- 06 Mar 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 12,500
- Exercise price
- Footnotes
- F1, F5, F6
INDI
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -25,000
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 75,000
- Date
- 06 Mar 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 25,000
- Exercise price
- Footnotes
- F5, F7
INDI
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -21,750
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 08 Mar 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 21,750
- Exercise price
- $0.000000
- Footnotes
- F5, F8
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 8 footnotes
Footnote F1
Acquired upon achievement of certain predetermined performance criteria pursuant to a performance-based restricted stock units award (PSU Award) granted on January 3, 2023 (Award Date). The Compensation Committee certified the achievement of the performance criteria on March 6, 2025.
Footnote F2
Represent 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.
Footnote F3
The sales made in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2024. The Reporting Person's Rule 10b5-1 plan includes automated open market sales of the Issuer's Class A common stock on predetermined dates through March 10, 2026.
Footnote 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 $2.68 to $2.96, 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.
Footnote F5
Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
Footnote F6
Represents shares of Class A common stock underlying the PSU Award previously granted by the Issuer on Award Date, the vesting of which was subject to the Issuer's achievement of certain predetermined performance criteria. The Compensation Committee certified the achievement of the performance criteria on March 6, 2025. 50% of the number of shares of Class A common stock reported herein vested on March 6, 2025, and the remaining 50% will vest on January 3, 2026.
Footnote F7
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.
Footnote F8
Such restricted stock units will vest in installments of 21,750 on March 8, 2024 and 2025.