Wittmann Michael, COO, reported an open-market or private sale at indie Semiconductor, Inc. involving 2761.000000 shares for an estimated $7758.41. Reported holdings after the transaction were 77887.000000 shares. The stored filing text includes a detected 10b5-1 reference.
Stored Form 4 columns with their raw values
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Chief Operating Officer
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.
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 automated
open 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 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 sol…
each 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 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.
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 a…
Such restricted stock units will vest in installments of 21,750 on March 8, 2024 and 2025.
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