Bal Kanwardev Raja Singh - Jan 3, 2025 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Signature
/s/ Bal, Kanwardev Raja Singh by Naixi Wu pursuant to power of attorney filed on December 7, 2022
Stock symbol
INDI
Transactions as of
Jan 3, 2025
Transactions value $
-$22,324
Form type
4
Date filed
1/7/2025, 05:52 PM
Previous filing
Oct 16, 2024
Next filing
Jan 15, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDI Class A Common Stock Options Exercise $0 +9.38K +18.87% $0.00 59.1K Jan 3, 2025 Direct
transaction INDI Class A Common Stock Tax liability -$22.3K -4.76K -8.06% $4.69 54.3K Jan 6, 2025 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 -9.38K -33.33% $0.00 18.8K Jan 3, 2025 Class A Common Stock 9.38K 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.