4//SEC Filing
Neumann Karl-Thomas 4
Accession 0001569823-22-000001
CIK 0001841925other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 7:50 PM ET
Size
5.5 KB
Accession
0001569823-22-000001
Insider Transaction Report
Form 4
Neumann Karl-Thomas
Director
Transactions
- Award
Class A Common Stock
2022-02-14$8.11/sh+23,371$189,539→ 440,375 total
Footnotes (1)
- [F1]Pursuant to the Merger Transaction Agreement dated December 14, 2020, at the effective time of the merger on June 10, 2021, certain of Issuer's stockholders became entitled to receive their pro rata shares of up to 10,000,000 earn-out shares ("Earn-Out Shares") of Issuer's common stock if the Earn-Out Milestones (as defined per the Merger Agreement) are met. The Earn-Out Milestones represent two independent milestones with different performance criteria, which each entitles the eligible stockholders to their pro rata share of 5,000,000 Earn-Out Shares per Ear-Out Milestone met. Each Earn-Out Milestone is considered met if at anytime following June 10, 2021 and prior to December 31, 2027, the volume weighted average price of indie's Class A common stock is greater than or equal to $12.50 or $15.00 for any twenty trading days within any thirty trading day period, respectively.
Documents
Issuer
indie Semiconductor, Inc.
CIK 0001841925
Entity typeother
Related Parties
1- filerCIK 0001569823
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 7:50 PM ET
- Size
- 5.5 KB