4//SEC Filing
Bal Kanwardev Raja Singh 4
Accession 0001628280-25-011783
CIK 0001841925other
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 6:59 PM ET
Size
16.6 KB
Accession
0001628280-25-011783
Insider Transaction Report
Form 4
Bal K. Raja S.
SVP Chief Accounting Officer
Transactions
- Sale
Class A Common Stock
2025-03-07$2.90/sh−2,812$8,155→ 76,913 total - Sale
Class A Common Stock
2025-03-10$2.85/sh−661$1,884→ 77,694 total - Exercise/Conversion
Class A Common Stock
2025-03-09+1,442→ 78,355 total - Exercise/Conversion
Performance-based Restricted Stock Units
2025-03-06−6,250→ 6,250 total→ Class A Common Stock (6,250 underlying) - Exercise/Conversion
Class A Common Stock
2025-03-06+6,250→ 79,725 total - Award
Performance-based Restricted Stock Units
2025-03-06+12,500→ 12,500 total→ Class A Common Stock (12,500 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-09−1,442→ 1,443 totalExercise: $0.00→ Class A Common Stock (1,442 underlying)
Footnotes (5)
- [F1]Acquired upon achievement of certain predetermined performance criteria pursuant to a performance-based restricted stock units award (PSU Award) granted on January 3, 2023 (Award Date). The Compensation Committee certified the achievement of the performance criteria on March 6, 2025.
- [F2]Represent 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.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F4]Represents shares of Class A common stock underlying the PSU Award previously granted by the Issuer on Award Date, the vesting of which was subject to the Issuer's achievement of certain predetermined performance criteria. The Compensation Committee certified the achievement of the performance criteria on March 6, 2025. 50% of the number of shares of Class A common stock reported herein vested on March 6, 2025, and the remaining 50% will vest on January 3, 2026.
- [F5]The time-based restricted stock units shall vest and become nonforfeitable with respect to twenty-five percent (25%) of the total number of restricted stock units on each of the first, second, third and fourth anniversaries of the grant date.
Documents
Issuer
indie Semiconductor, Inc.
CIK 0001841925
Entity typeother
Related Parties
1- filerCIK 0001596915
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 8:00 PM ET
- Accepted
- Mar 10, 6:59 PM ET
- Size
- 16.6 KB