other material
confidence high
sentiment neutral
materiality 0.50
Indie Semiconductor adopts Employment Agreements for five named officers, grants equity awards
indie Semiconductor, Inc.
- CEO McClymont: $400k base salary, 100% target bonus; 286,500 time-based RSUs, 286,500 PRSUs, and stock-price RSUs up to 1M shares.
- CFO Schiller: $345k base, 70% target bonus; 226,500 RSUs, 226,500 PRSUs, and stock-price RSUs up to 750k shares.
- Other officers (Aoki, Kee, Machuga) get $300k-343k base, 40-50% target bonuses and smaller equity grants.
- Severance: McClymont gets 18 months base + bonus (24 months on change of control); others get 12 months (18 on CIC).
- Equity grants include time-based RSUs (4-year vest), performance RSUs (3-year), and stock-price RSUs at $20/$30/$40 targets.