Sonalee Elizabeth Parekh - Dec 1, 2023 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role: Director
Signature: /s/ Sonalee Parekh, by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Stock symbol: INDI
Transactions as of: Dec 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/5/2023, 08:31 PM
Previous filing: Nov 22, 2023
Next filing: Feb 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INDI	Class A Common Stock	Options Exercise	$0	+3.01K	+5.96%	$0.00	53.5K	Dec 1, 2023	Direct

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	Award	$0	+3.01K		$0.00	3.01K	Dec 1, 2023	Class A Common Stock	3.01K		Direct	F1, F2
transaction	INDI	Restricted Stock Units	Options Exercise	$0	-3.01K	-100%	$0.00^*	0	Dec 1, 2023	Class A Common Stock	3.01K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F2	Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent shares received in lieu of a quarterly cash retainer and chairperson fees, if any, as part of a voluntary independent director compensation program as approved by the Board of Directors in June 2023. The number of underlying shares is equal to the amount of the forgone quarterly cash retainer and chairperson fees, if any, divided by the closing trading price of INDI on the date of grant.

Content

Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent shares received in lieu of a quarterly cash retainer and chairperson fees, if any, as part of a voluntary independent director compensation program as approved by the Board of Directors in June 2023. The number of underlying shares is equal to the amount of the forgone quarterly cash retainer and chairperson fees, if any, divided by the closing trading price of INDI on the date of grant.