Ichiro Aoki - 03 Jan 2024 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role: President, Director
Signature: /s/ Ichiro Aoki by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Issuer symbol: INDI
Transactions as of: 03 Jan 2024
Net transactions value: -$33,032
Form type: 4
Filing time: 05 Jan 2024, 19:35:18 UTC
Previous filing: 05 Dec 2023
Next filing: 05 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INDI	Class A Common Stock	Options Exercise	$0	+1,586	+7.9%	$0.000000	21,730	03 Jan 2024	Direct
transaction	INDI	Class A Common Stock	Options Exercise	$0	+9,375	+43%	$0.000000	31,105	03 Jan 2024	Direct
transaction	INDI	Class A Common Stock	Tax liability	$4,780	-679	-2.2%	$7.04	30,426	04 Jan 2024	Direct	F1
transaction	INDI	Class A Common Stock	Tax liability	$28,252	-4,013	-13%	$7.04	26,413	04 Jan 2024	Direct	F1
holding	INDI	Class V Common Stock						5,489,362	03 Jan 2024	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	Options Exercise	$0	-1,586	-33%	$0.000000	3,174	03 Jan 2024	Class A Common Stock	1,586		Direct	F2, F3
transaction	INDI	Restricted Stock Units	Options Exercise	$0	-9,375	-25%	$0.000000	28,125	03 Jan 2024	Class A Common Stock	9,375		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.