Steven Machuga - May 13, 2022 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role
Chief Operating Officer
Signature
/s/ Steve Machuga by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Stock symbol
INDI
Transactions as of
May 13, 2022
Transactions value $
$121,568
Form type
4
Date filed
5/17/2022, 05:18 PM
Previous filing
Mar 15, 2022
Next filing
Jun 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class A Common Stock Options Exercise $241K +34.8K +25.05% $6.94 174K May 13, 2022 Direct F1
transaction INDI Class A Common Stock Sale -$120K -17.6K -10.12% $6.81 156K May 16, 2022 Direct F2

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 -34.8K -18.9% $0.00 149K May 13, 2022 Class A Common Stock 34.8K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
F2 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 previously granted to the Reporting Person.
F3 The Reporting Person was granted restricted stock units that vest over a two-year period with fifty percent (50%) vesting on January 13, 2022 and the remaining fifty percent (50%) vesting in equal monthly installments over the second year.