4//SEC Filing
Woodward William 4
Accession 0001318331-22-000001
CIK 0001841925other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 8:42 PM ET
Size
7.6 KB
Accession
0001318331-22-000001
Insider Transaction Report
Form 4
Woodward William
Director
Transactions
- Award
Class A Common Stock
2022-02-14$8.11/sh+28,825$233,771→ 543,130 total - Award
Class A Common Stock
2022-02-14+741,483→ 13,971,427 total(indirect: See Footnote 2.)
Footnotes (2)
- [F1]Pursuant to the Merger Transaction Agreement dated December 14, 2020, at the effective time of the merger on June 10, 2021, certain of Issuer's stockholders became entitled to receive their pro rata shares of up to 10,000,000 earn-out shares ("Earn-Out Shares") of Issuer's common stock if the Earn-Out Milestones (as defined per the Merger Agreement) are met. The Earn-Out Milestones represent two independent milestones with different performance criteria, which each entitles the eligible stockholders to their pro rata share of 5,000,000 Earn-Out Shares per Ear-Out Milestone met. Each Earn-Out Milestone is considered met if at anytime following June 10, 2021 and prior to December 31, 2027, the volume weighted average price of Issuer's Class A common stock is greater than or equal to $12.50 or $15.00 for any twenty trading days within any thirty trading day period, respectively.
- [F2]The Reporting Person may be deemed to be the beneficial owner of these shares, which are owned by Anthem/MIC Strategic Partners LP ("ASP"). The Reporting Person is the managing member of Anthem Strategic Capital LLC, which is the general partner of ASP. The Reporting Person disclaims any beneficial interest in these shares except to the extent of his pecuniary interest therein.
Documents
Issuer
indie Semiconductor, Inc.
CIK 0001841925
Entity typeother
Related Parties
1- filerCIK 0001318331
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 8:42 PM ET
- Size
- 7.6 KB