Bal Kanwardev Raja Singh - Mar 9, 2023 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role: SVP Chief Accounting Officer
Signature: /s/ Bal, Kanwardev Raja Singh by Naixi Wu pursuant to power of attorney filed on December 7, 2022
Stock symbol: INDI
Transactions as of: Mar 9, 2023
Transactions value $: -$7,572
Form type: 4
Date filed: 3/13/2023, 07:37 PM
Previous filing: Feb 7, 2023
Next filing: Apr 11, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INDI	Class A Common Stock	Options Exercise	$0	+1.44K		$0.00	1.44K	Mar 9, 2023	Direct
transaction	INDI	Class A Common Stock	Tax liability	-$7.57K	-726	-50.35%	$10.43	716	Mar 10, 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	INDI	Restricted Stock Units	Options Exercise	$0	-1.44K	-25%	$0.00	4.33K	Mar 9, 2023	Class A Common Stock	1.44K	$0.00	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Represents 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.
F2	Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F3	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 and fourth anniversaries of the grant date.