Form 4 for INDI indie Semiconductor, Inc.
Accepted 2023-01-05 00:00:00 ET · period of report 2023-01-03 · accession 0001628280-23-000507 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-05 | 2023-01-03 | INDI | Machuga Steven | COO | M - OptEx | $0.00 | +2,538 | 108.9K | +2% | $0 |
| D | 2023-01-05 | 2023-01-04 | INDI | Machuga Steven | COO | F - Tax | $5.85 | -1,142 | 107.8K | -1% | -$6,681 |
| D | 2023-01-05 | 2023-01-03 | INDI | Machuga Steven | COO | M - OptEx | $0.00 | -2,538 | 25.0K | -9% | $0 |
| DM | 2023-01-05 | 2023-01-03 | INDI | Machuga Steven | COO | A - Grant | $0.00 | +106.2K | 56.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-01-03 | M | A | 2,538 | $0.00 | 108,941 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-01-04 | F | D | 1,142 | $5.85 | 107,799 | D | — | — | (F2) All the shares reported in this Form 4 were sold in one transaction and sold at $5.85 to cover withholding taxes. |
| 3 | Derivative | Restricted Stock Units | 2023-01-03 | M | D | 2,538 | $0.00 | 24,993 | D | — · — to — | 2,538 Class A Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock (F4) 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. |
| 4 | Derivative | Performance-based Restricted Stock Units | 2023-01-03 | A | A | 50,000 | $0.00 | 50,000 | D | — · — to — | 50,000 Class A Common Stock | (F5) Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F6) 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 units that vest shall be 16,666 units at $20 per share, 33,332 units at $30 per share, and 50,000 units at $40 per share. |
| 5 | Derivative | Restricted Stock Units | 2023-01-03 | A | A | 56,250 | $0.00 | 56,250 | D | — · — to — | 56,250 Class A Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock (F4) 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. |