Scott Kee - Dec 16, 2021 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role
Chief Technology Officer
Signature
/s/ Scott Kee by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Stock symbol
INDI
Transactions as of
Dec 16, 2021
Transactions value $
-$3,351,825
Form type
4
Date filed
12/20/2021, 07:05 PM
Previous filing
Dec 14, 2021
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class V Common Stock Options Exercise $0 -5.7K -0.1% $0.00 5.73M Dec 16, 2021 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +5.7K +900.47% $0.00 6.33K Dec 16, 2021 Direct F2
transaction INDI Class A Common Stock Sale -$69.8K -5.7K -90% $12.25 633 Dec 16, 2021 Direct
transaction INDI Class V Common Stock Options Exercise $0 -300K -5.24% $0.00 5.43M Dec 17, 2021 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +300K +47393.36% $0.00 301K Dec 17, 2021 Direct F2
transaction INDI Class A Common Stock Sale -$3.28M -300K -99.79% $10.94 633 Dec 17, 2021 Direct

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 ADK Class A Units Options Exercise $0 -5.7K -0.1% $0.00 5.73M Dec 16, 2021 Class A Common Stock 5.7K $0.00 Direct F2, F3
transaction INDI ADK Class A Units Options Exercise $0 -300K -5.24% $0.00 5.43M Dec 17, 2021 Class A Common Stock 300K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Cancellation of Class V Common Stock upon Reporting Person's exchange of ADK Class A Units for an equal number of shares of Class A Common Stock. See note 2.
F2 Class A Common Stock received upon conversion of ADK Class A Units. The ADK Class A Units may be exchanged by the Reporting Person at any time after December 10, 2021 for an equal amount of shares of Class A Common Stock or, at the election of the Issuer, cash equal to the fair market value of such shares. Upon the Reporting Person's exchange of an ADK Class A Unit for Class A Common Stock, an equivalent number of shares of Class V Common Stock will be cancelled.
F3 N/A