Michael Wittmann - 01 Apr 2024 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role
Chief Operating Officer
Signature
/s/ Michael Wittmann, by Naixi Wu pursuant to power of attorney filed on January 22, 2024
Issuer symbol
INDI
Transactions as of
01 Apr 2024
Net transactions value
-$10,180
Form type
4
Filing time
03 Apr 2024, 17:59:27 UTC
Previous filing
22 Mar 2024
Next filing
23 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class A Common Stock Options Exercise $0 +3,959 +11% $0.000000 39,419 01 Apr 2024 Direct
transaction INDI Class A Common Stock Tax liability $10,180 -1,559 -4% $6.53 37,860 02 Apr 2024 Direct F1

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 Award $0 +3,959 $0.000000 3,959 01 Apr 2024 Class A Common Stock 3,959 Direct F2, F3
transaction INDI Restricted Stock Units Options Exercise $0 -3,959 -100% $0.000000* 0 01 Apr 2024 Class A Common Stock 3,959 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F3 Represents a bonus for fiscal 2023 performance as approved by the Compensation Committee and paid in shares of Class A Common Stock that immediately vested on April 1, 2024.