Thomas schiller - Dec 1, 2022 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role: CFO and EVP of Strategy
Signature: /s/ Thomas Schiller, by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Stock symbol: INDI
Transactions as of: Dec 1, 2022
Transactions value $: -$127,155
Form type: 4
Date filed: 12/5/2022, 05:24 PM
Previous filing: Nov 14, 2022
Next filing: Jan 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INDI	Class A Common Stock	Sale	-$127K	-15.8K	-1.07%	$8.03	1.46M	Dec 1, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2022 (the "Original Plan"), which included automated open market sales at prevailing prices on seven predetermined dates through December 31, 2022. The Rule 10b5-1 trading plan was modified on November 30, 2022 (the "Modified Plan") to include automated open market sales of the Issuer's Class A common stock at prevailing prices on predetermined dates through December 31, 2023. The terms of the Modified Plan become effective on December 30, 2022, and accordingly, the sales reported in this Form 4 were made pursuant to the Original Plan.
F2	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 $7.90 to $8.19, 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 sold at each separate price within the price range set forth in this footnote.

Content

The sales reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2022 (the "Original Plan"), which included automated open market sales at prevailing prices on seven predetermined dates through December 31, 2022. The Rule 10b5-1 trading plan was modified on November 30, 2022 (the "Modified Plan") to include automated open market sales of the Issuer's Class A common stock at prevailing prices on predetermined dates through December 31, 2023. The terms of the Modified Plan become effective on December 30, 2022, and accordingly, the sales reported in this Form 4 were made pursuant to the Original Plan.

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 $7.90 to $8.19, 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 sold at each separate price within the price range set forth in this footnote.