Donald McClymont - 09 Mar 2024 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role: Chief Executive Officer, Director
Signature: /s/ Donald McClymont by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Issuer symbol: INDI
Transactions as of: 09 Mar 2024
Net transactions value: -$7,148
Form type: 4
Filing time: 12 Mar 2024, 18:07:34 UTC
Previous filing: 05 Mar 2024
Next filing: 03 Apr 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	+2,500	+4.8%	$0.000000	54,737	09 Mar 2024	by spouse
transaction	INDI	Class A Common Stock	Tax liability	$7,148	-1,039	-1.9%	$6.88	53,698	11 Mar 2024	by spouse	F1
holding	INDI	Class A Common Stock						83,731	09 Mar 2024	Direct
holding	INDI	Class V Common Stock						5,639,506	09 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	Options Exercise	$0	-2,500	-33%	$0.000000	5,000	09 Mar 2024	Class A Common Stock	2,500	$0.000000	by spouse	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.