Form 4 for INDI indie Semiconductor, Inc.
Accepted 2025-03-10 00:00:00 ET · period of report 2025-03-06 · accession 0001628280-25-011785 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-10 | 2025-03-07+ | INDI | Wittmann Michael | COO | S - Sale+OE | $2.86 | -24.4K | 76.1K | -24% | -$69.9K |
| DM | 2025-03-10 | 2025-03-06+ | INDI | Wittmann Michael | COO | M - OptEx | $0.00 | +59.2K | 55.6K | New | $0 |
| DM | 2025-03-10 | 2025-03-06+ | INDI | Wittmann Michael | COO | M - OptEx | $0.00 | -59.2K | 75.0K | -44% | $0 |
| D | 2025-03-10 | 2025-03-06 | INDI | Wittmann Michael | COO | A - Grant | $0.00 | +25.0K | 25.0K | 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 | 2025-03-07 | S | D | 9,066 | $2.90 | 67,012 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-03-10 | S | D | 8,114 | $2.81 | 80,648 | D | — | — | (F4) 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 $2.68 to $2.96, 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. |
| 3 | Common | Class A Common Stock | 2025-03-10 | S | D | 2,761 | $2.81 | 77,887 | D | — | — | (F4) 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 $2.68 to $2.96, 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. |
| 4 | Common | Class A Common Stock | 2025-03-08 | M | A | 21,750 | $0.00 | 88,762 | D | — | — | |
| 5 | Common | Class A Common Stock | 2025-03-07 | S | D | 4,504 | $2.90 | 76,078 | D | — | — | |
| 6 | Common | Class A Common Stock | 2025-03-06 | M | A | 25,000 | $0.00 | 80,582 | D | — | — | |
| 7 | Common | Class A Common Stock | 2025-03-06 | M | A | 12,500 | $0.00 | 55,582 | D | — | — | (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. |
| 8 | Derivative | Restricted Stock Units | 2025-03-08 | M | D | 21,750 | $0.00 | 0 | D | $0.00 · — to — | 21,750 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F8) Such restricted stock units will vest in installments of 21,750 on March 8, 2024 and 2025. |
| 9 | Derivative | Performance-based Restricted Stock Units | 2025-03-06 | M | D | 12,500 | $0.00 | 12,500 | D | — · — to — | 12,500 Class A Common Stock | (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. (F5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F6) 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. |
| 10 | Derivative | Restricted Stock Units | 2025-03-06 | M | D | 25,000 | $0.00 | 75,000 | D | — · — to — | 25,000 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F7) 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. |
| 11 | Derivative | Performance-based Restricted Stock Units | 2025-03-06 | A | A | 25,000 | $0.00 | 25,000 | D | — · — to — | 25,000 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F6) 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. |