Filing Details
- Accession Number:
- 0001628280-25-011785
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-10 19:00:37
- Reporting Period:
- 2025-03-06
- Filing Date:
- 2025-03-10
- Accepted Time:
- 2025-03-10 19:00:37
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1841925 | Indie Semiconductor Inc. | INDI | Semiconductors & Related Devices (3674) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 2009989 | Michael Wittmann | C/O Indie Semiconductor, Inc. 32 Journey Aliso Viejo CA 92656 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2025-03-06 | 12,500 | $0.00 | 55,582 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2025-03-06 | 25,000 | $0.00 | 80,582 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2025-03-07 | 4,504 | $2.90 | 76,078 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-07 | 9,066 | $2.90 | 67,012 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2025-03-08 | 21,750 | $0.00 | 88,762 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2025-03-10 | 8,114 | $2.81 | 80,648 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2025-03-10 | 2,761 | $2.81 | 77,887 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Performance-based Restricted Stock Units | Acquisiton | 2025-03-06 | 25,000 | $0.00 | 25,000 | $0.00 |
| Class A Common Stock | Performance-based Restricted Stock Units | Disposition | 2025-03-06 | 12,500 | $0.00 | 12,500 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2025-03-06 | 25,000 | $0.00 | 25,000 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2025-03-08 | 21,750 | $0.00 | 21,750 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 25,000 | No | 4 | A | Direct | ||
| 12,500 | No | 4 | M | Direct | ||
| 75,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
Footnotes
- 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). TheCompensation Committee certified the achievement of the performance criteria on March 6, 2025.
- 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.
- 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 automatedopen market sales of the Issuer's Class A common stock on predetermined dates through March 10, 2026.
- 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 ReportingPerson 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 ateach separate price within the price range set forth in this footnote.
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- 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 certainpredetermined 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 stockreported herein vested on March 6, 2025, and the remaining 50% will vest on January 3, 2026.
- 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.
- Such restricted stock units will vest in installments of 21,750 on March 8, 2024 and 2025.
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