Scott Kee - Mar 2, 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
Stock symbol
INDI
Transactions as of
Mar 2, 2022
Transactions value $
-$191,081
Form type
4
Date filed
3/4/2022, 06:19 PM
Previous filing
Mar 2, 2022
Next filing
Mar 9, 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 -2.14K -0.04% $0.00 5.58M Mar 2, 2022 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +2.14K +319.28% $0.00 2.81K Mar 2, 2022 Direct F2
transaction INDI Class A Common Stock Sale -$16.7K -2.14K -76.15% $7.80 669 Mar 2, 2022 Direct
transaction INDI Class V Common Stock Options Exercise $0 -22K -0.39% $0.00 5.56M Mar 3, 2022 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +22K +3287.74% $0.00 22.7K Mar 3, 2022 Direct F2
transaction INDI Class A Common Stock Sale -$174K -22K -97.05% $7.93 669 Mar 3, 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 -2.14K -0.04% $0.00 5.58M Mar 2, 2022 Class A Common Stock 2.14K $0.00 Direct F2, F3
transaction INDI ADK Class A Units Options Exercise $0 -22K -0.39% $0.00 5.56M Mar 3, 2022 Class A Common Stock 22K $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