Steven Machuga - 24 Feb 2023 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
Issuer symbol: INDI
Transactions as of: 24 Feb 2023
Net transactions value: -$517,500
Form type: 4
Filing time: 28 Feb 2023, 16:43:25 UTC
Previous filing: 18 Jan 2023
Next filing: 11 Apr 2023
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	Sale	$517,500	-50,000	-43%	$10.35	66,376	24 Feb 2023	Direct	F1, F2

* 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 pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on June 15, 2022, and modified on September 14, 2022. The Reporting Person's 10b5-1 plan includes a series of automated open market sales with predetermined dates through February 28, 2023.
F2	The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $10.13 to $10.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.

Content

Represents shares of Class A common stock sold in the open market pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on June 15, 2022, and modified on September 14, 2022. The Reporting Person's 10b5-1 plan includes a series of automated open market sales with predetermined dates through February 28, 2023.

The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $10.13 to $10.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.