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indie Semiconductor Announces New Employee Inducement Grants

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indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, has announced the approval of equity awards, known as Inducement Grants, under its 2023 Inducement Incentive Plan. The grants were specifically designated for new employees joining the company and received prior approval from indie's Compensation Committee of the Board of Directors.

indie Semiconductor (Nasdaq: INDI), un innovatore nelle soluzioni automobilistiche, ha annunciato l'approvazione di premi azionari, noti come Inducement Grants, nell'ambito del suo Piano di Incentivi per Induzioni 2023. I premi sono stati specificamente destinati ai nuovi dipendenti che si uniscono all'azienda e hanno ricevuto l'approvazione preventiva dal Comitato per la Compensazione del Consiglio di Amministrazione di indie.

indie Semiconductor (Nasdaq: INDI), un innovador en soluciones automotrices, ha anunciado la aprobación de premios en acciones, conocidos como Inducement Grants, bajo su Plan de Incentivos por Inducción 2023. Los premios fueron específicamente designados para nuevos empleados que se unan a la empresa y recibieron la aprobación previa del Comité de Compensación de la Junta Directiva de indie.

인디 반도체 (Nasdaq: INDI)는 자동차 솔루션 혁신업체로서 2023년 유도 인센티브 계획에 따라 유도 보상으로 알려진 주식 보상의 승인을 발표했습니다. 이 보상은 회사에 합류하는 신규 직원들을 위해 특별히 지정되었으며, 인디의 이사회 보상위원회의 사전 승인을 받았습니다.

indie Semiconductor (Nasdaq: INDI), un innovateur en solutions automobiles, a annoncé l'approbation de récompenses en actions, connues sous le nom d'Inducement Grants, dans le cadre de son Plan d'Incitation à l'Induction 2023. Les récompenses étaient spécifiquement destinées aux nouveaux employés rejoignant l'entreprise et ont reçu l'approbation préalable du Comité de Rémunération du Conseil d'Administration d'indie.

indie Semiconductor (Nasdaq: INDI), ein Innovator im Bereich Automobillösungen, hat die Genehmigung von Aktienvergütungen, bekannt als Inducement Grants, im Rahmen seines Inducement Incentive Plans 2023 bekannt gegeben. Die Zuschüsse wurden speziell für neue Mitarbeiter, die dem Unternehmen beitreten, vorgesehen und erhielten zuvor die Genehmigung des Vergütungsausschusses des Vorstands von indie.

Positive
  • Implementation of employee incentive program to attract and retain talent
Negative
  • Potential shareholder dilution from new equity awards

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indiesemi.com/news/default.aspx

About indie

Headquartered in Aliso Viejo, CA, indie is empowering the automotive revolution with next generation semiconductors, photonics and software platforms. We focus on developing innovative, high-performance and energy-efficient technology for ADAS, in-cabin user experience and electrification applications. Our mixed-signal SoCs enable edge sensors spanning Radar, LiDAR, Ultrasound, and Computer Vision, while our embedded system control, power management and interfacing solutions transform the in-cabin experience and accelerate increasingly automated and electrified vehicles. As a global innovator, we are an approved vendor to Tier 1 partners and our solutions can be found in marquee automotive OEMs worldwide.

Please visit us at www.indie.inc to learn more.

Investor Relations

ir@indiesemi.com

Source: indie Semiconductor

FAQ

What are the Inducement Grants announced by indie Semiconductor (INDI)?

These are equity awards granted under indie's 2023 Inducement Incentive Plan, specifically designed for new employees joining the company.

Who approved the Inducement Grants at indie Semiconductor (INDI)?

The Inducement Grants were approved by indie Semiconductor's Compensation Committee of the Board of Directors.

When did indie Semiconductor (INDI) implement its 2023 Inducement Incentive Plan?

The 2023 Inducement Incentive Plan was implemented in 2023, though specific implementation date details weren't provided in the announcement.

Where can investors find more information about INDI's Inducement Grants?

Detailed information about the equity awards can be found on indie's investor relations website at investors.indiesemi.com/news.
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