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indie Semiconductor, Inc. — Director's Dealing 2024
Feb 2, 2024
32428_dirs_2024-02-01_99470497-b9c8-43a0-ba51-36472adf51d2.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: indie Semiconductor, Inc. (INDI)
CIK: 0001841925
Period of Report: 2024-01-22
Reporting Person: Wittmann Michael (Chief Operating Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 30270 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $0 | Class A Common Stock (56250) | Direct | ||
| Performance-based Restricted Stock Units | $0 | Class A Common Stock (100000) | Direct | ||
| Restricted Stock Units | $0 | Class A Common Stock (18750) | Direct | ||
| Restricted Stock Units | $0 | Class A Common Stock (37500) | Direct | ||
| Restricted Stock Units | $0 | Class A Common Stock (2885) | Direct | ||
| Employee Stock Option (right to buy) | $11.69 | 2032-01-03 | Class A Common Stock (16558) | Direct | |
| Performance-based Restricted Stock Units | $0 | Class A Common Stock (17308) | Direct | ||
| Restricted Stock Units | $0 | Class A Common Stock (43500) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units will vest in installments of 18,750 on January 3, 2025, 2026, and 2027.
F2: Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. These performance-based restricted stock units shall be earned and become vested based on the achievement of the stock price targets set at $20, $30 and $40 per share of indie's Class A common stock prior to the expiration of a four-year performance period ending on December 31, 2026. The number of restricted stock units that vest shall be 33,333 units at $20 per share, 66,666 units at $30 per share, and 100,000 units
at $40 per share.
F3: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units will vest in installments of 6,250 on August 31, 2024, 2025, and 2026.
F4: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units will vest in installments of 12,500 on July 1, 2024, 2025, and 2026.
F5: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units will vest in installments of 1,442 and 1,443 on January 3, 2025 and 2026,
respectively.
F6: These stock options vest with respect to twenty-five percent (25%) of the total number of shares of Class A common stock subject to the stock option on each of the first, second, third and fourth anniversaries of the grant date beginning January 3, 2023.
F7: Each performance-based restricted stock unit represent a contingent right to receive one share of Class A Common Stock. Reported shares reflect the target number of shares awarded to the Reporting Person by the Compensation Committee of the Issuer's Board of Directors. Subject to the Issuer's Class A common stock achieving a specified price per share, the number of shares issued pursuant to the award may range from 0% to 200% of the target.
F8: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units will vest in installments of 21,750 on March 8, 2024 and 2025.