DAVID J. ALDRICH - 01 Mar 2024 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role: Director
Signature: /s/ David Aldrich, by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Issuer symbol: INDI
Transactions as of: 01 Mar 2024
Net transactions value: $0
Form type: 4
Filing time: 07 Mar 2024, 18:42:38 UTC
Previous filing: 27 Feb 2025
Next filing: 28 May 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	+3,280	+3.9%	$0.000000	86,511	01 Mar 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	Award	$0	+3,280		$0.000000	3,280	01 Mar 2024	Class A Common Stock	3,280		Direct	F1, F2
transaction	INDI	Restricted Stock Units	Options Exercise	$0	-3,280	-100%	$0.000000^*	0	01 Mar 2024	Class A Common Stock	3,280		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.