Bal Kanwardev Raja Singh - Mar 1, 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
Mar 1, 2025
Transactions value $
-$16,611
Form type
4
Date filed
3/4/2025, 07:47 PM
Previous filing
Jan 15, 2025
Next filing
Mar 10, 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 +12.5K +18.77% $0.00 79.1K Mar 1, 2025 Direct
transaction INDI Class A Common Stock Tax liability -$16.6K -5.63K -7.12% $2.95 73.5K Mar 3, 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 -12.5K -50% $0.00 12.5K Mar 1, 2025 Class A Common Stock 12.5K 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 fifty percent (50%) of the total number of restricted stock units on March 1, 2025 and 2026.