Steven Machuga - Jan 3, 2022 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role: Chief Operating Officer
Signature: /s/ Steve Machuga by Naixi Wu pursuant to power of attorney filed on June 21, 2021
Stock symbol: INDI
Transactions as of: Jan 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/5/2022, 07:28 PM
Previous filing: Aug 20, 2021
Next filing: Feb 25, 2022

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	+10.2K	+2.43%	$0.00	427K	Jan 3, 2022	Class A Common Stock	10.2K		Direct	F1, F2
transaction	INDI	Performance-based Restricted Stock Units	Award	$0	+15.2K		$0.00	15.2K	Jan 3, 2022	Class A Common Stock	15.2K		Direct	F3, F4
transaction	INDI	Employee Stock Option (right to buy)	Award	$0	+29.1K		$0.00	29.1K	Jan 3, 2022	Class A Common Stock	29.1K	$11.69	Direct	F5

* 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	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.
F3	Each performance-based restricted stock unit represents a contingent right to receive one share of Class A common stock.
F4	The performance-based restricted stock units will vest upon the Issuer's Class A common stock achieving a specified price per share.
F5	These stock options vest with respect to twenty-five percent (25%) of the total number of shares of Class A common stock subject to the stock option on each of the first, second, third and fourth anniversaries of the grant date.