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indie Semiconductor, Inc. — Director's Dealing 2025
Jan 7, 2025
32428_dirs_2025-01-07_c6c8d4fd-9bff-4ce6-8b76-df19aea4ad9f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: indie Semiconductor, Inc. (INDI)
CIK: 0001841925
Period of Report: 2025-01-03
Reporting Person: Wittmann Michael (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-03 | Class A Common Stock | M | 1442 | — | Acquired | 27177 | Direct |
| 2025-01-03 | Class A Common Stock | M | 18750 | — | Acquired | 45927 | Direct |
| 2025-01-06 | Class A Common Stock | F | 8084 | $4.71 | Disposed | 37843 | Direct |
| 2025-01-06 | Class A Common Stock | S | 2012 | $4.71 | Disposed | 35831 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-03 | Restricted Stock Units | $0 | M | 1442 | Disposed | Class A Common Stock (1442) | Direct | |
| 2025-01-03 | Restricted Stock Units | $0 | M | 18750 | Disposed | Class A Common Stock (18750) | Direct |
Footnotes
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 March 15, 2024. 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 March 10, 2026.
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 $4.57 to $4.81, 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: 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.