Thomas schiller - Dec 10, 2021 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Signature
/s/ Thomas Schiller by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Stock symbol
INDI
Transactions as of
Dec 10, 2021
Transactions value $
-$2,993,190
Form type
4
Date filed
12/14/2021, 07:12 PM
Previous filing
Jun 21, 2021
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class A Common Stock Sale -$2.92M -242K -11.63% $12.06 1.84M Dec 10, 2021 Direct F1
transaction INDI Class A Common Stock Sale -$69.9K -5.7K -0.31% $12.26 1.84M Dec 13, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Master Transactions Agreement by and among Thunder Bridge II Surviving Pubco, Inc., Thunder Bridge Acquisition II, Ltd., Ay Dee Kay, LLC d/b/a indie Semiconductor ("ADK") and certain other parties (dated as of December 14, 2020 and amended as of the same date) (the "Agreement"), the Reporting Person's ADK units were converted into 2,085,019 shares of the Issuer's Class A Common Stock upon the closing of the transactions contemplated by the Agreement. Post the reported transactions above, of the 2,080,996 shares, 846,761 remain unvested and will vest upon satisfaction of certain time and performance conditions.