Scott David Kee - 02 Mar 2022 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
Issuer symbol
INDI
Transactions as of
02 Mar 2022
Net transactions value
-$191,081
Form type
4
Filing time
04 Mar 2022, 18:19:23 UTC
Previous filing
02 Mar 2022
Next filing
09 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class V Common Stock Options Exercise $0 -2,136 -0.04% $0.000000 5,581,614 02 Mar 2022 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +2,136 +319% $0.000000 2,805 02 Mar 2022 Direct F2
transaction INDI Class A Common Stock Sale $16,661 -2,136 -76% $7.80 669 02 Mar 2022 Direct
transaction INDI Class V Common Stock Options Exercise $0 -21,995 -0.39% $0.000000 5,559,619 03 Mar 2022 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +21,995 +3288% $0.000000 22,664 03 Mar 2022 Direct F2
transaction INDI Class A Common Stock Sale $174,420 -21,995 -97% $7.93 669 03 Mar 2022 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 -2,136 -0.04% $0.000000 5,581,614 02 Mar 2022 Class A Common Stock 2,136 $0.000000 Direct F2, F3
transaction INDI ADK Class A Units Options Exercise $0 -21,995 -0.39% $0.000000 5,559,619 03 Mar 2022 Class A Common Stock 21,995 $0.000000 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