Ichiro Aoki - 31 Aug 2023 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: 31 Aug 2023
Net transactions value: -$29,383
Form type: 4
Filing time: 05 Sep 2023, 21:22:22 UTC
Previous filing: 19 May 2023
Next filing: 05 Dec 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	Options Exercise	$0	+12,500	+197%	$0.000000	18,841	31 Aug 2023	Direct
transaction	INDI	Class A Common Stock	Tax liability	$29,383	-4,379	-23%	$6.71	14,462	01 Sep 2023	Direct	F1

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	-12,500	-25%	$0.000000	37,500	31 Aug 2023	Class A Common Stock	12,500		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.