4//SEC Filing
schiller Thomas 4
Accession 0001628280-24-039433
CIK 0001841925other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 8:27 PM ET
Size
13.1 KB
Accession
0001628280-24-039433
Insider Transaction Report
Form 4
schiller Thomas
CFO and EVP of Strategy
Transactions
- Exercise/Conversion
Class A Common Stock
2024-09-01+10,392→ 1,056,168 total - Tax Payment
Class A Common Stock
2024-09-03$3.87/sh−3,976$15,387→ 1,052,192 total - Sale
Class A Common Stock
2024-09-03$3.83/sh−75,000$287,250→ 977,192 total - Award
Restricted Stock Units
2024-09-01+10,392→ 10,392 total→ Class A Common Stock (10,392 underlying) - Exercise/Conversion
Restricted Stock Units
2024-09-01−10,392→ 0 total→ Class A Common Stock (10,392 underlying)
Footnotes (5)
- [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]The sales made in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2023. The Reporting Person's Rule 10b5-1 plan includes automated open market sales of the Issuer's Class A common stock on predetermined dates through December 31, 2024.
- [F3]The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $3.74 to $4.08, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F5]Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent shares received in lieu of a percentage of cash salary as part of a voluntary equity compensation program as approved by the Board of Directors in June 2023. The number of underlying shares is equal to the amount of the forgone salary, divided by the closing trading price of INDI on the date of grant.
Documents
Issuer
indie Semiconductor, Inc.
CIK 0001841925
Entity typeother
Related Parties
1- filerCIK 0001865418
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 8:27 PM ET
- Size
- 13.1 KB