Donald McClymont - 14 Dec 2021 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role
Chief Executive Officer, Director
Signature
/s/ Donald McClymont by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Issuer symbol
INDI
Transactions as of
14 Dec 2021
Net transactions value
-$2,271,500
Form type
4
Filing time
16 Dec 2021, 19:04:05 UTC
Previous filing
14 Dec 2021
Next filing
05 Jan 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 -150,000 -2.4% $0.000000 5,996,493 14 Dec 2021 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +150,000 +23697% $0.000000 150,633 14 Dec 2021 Direct F2
transaction INDI Class A Common Stock Sale $1,675,500 -150,000 -100% $11.17 633 14 Dec 2021 Direct
transaction INDI Class V Common Stock Options Exercise $0 -50,000 -0.83% $0.000000 5,946,493 15 Dec 2021 Direct F1
transaction INDI Class A Common Stock Options Exercise $0 +50,000 +7899% $0.000000 50,633 15 Dec 2021 Direct F2
transaction INDI Class A Common Stock Sale $596,000 -50,000 -99% $11.92 633 15 Dec 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 -150,000 -2.4% $0.000000 6,077,385 14 Dec 2021 Class A Common Stock 150,000 $0.000000 Direct F2, F3
transaction INDI ADK Class A Units Options Exercise $0 -50,000 -0.82% $0.000000 6,027,385 15 Dec 2021 Class A Common Stock 50,000 $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 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 number of shares of Class A Common. 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