Michael Wittmann - 01 Mar 2025 Form 4 Insider Report for indie Semiconductor, Inc. (INDI)

Role: Chief Operating Officer
Signature: /s/ Michael Wittmann, by Naixi Wu pursuant to power of attorney filed on January 22, 2024
Issuer symbol: INDI
Transactions as of: 01 Mar 2025
Net transactions value: -$15,485
Form type: 4
Filing time: 04 Mar 2025, 19:48:33 UTC
Previous filing: 07 Jan 2025
Next filing: 10 Mar 2025
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	+35%	$0.000000	48,331	01 Mar 2025	Direct
transaction	INDI	Class A Common Stock	Tax liability	$15,485	-5,249	-11%	$2.95	43,082	03 Mar 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	-12,500	-50%	$0.000000	12,500	01 Mar 2025	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 fifty percent (50%) of the total number of restricted stock units on March 1, 2025 and 2026.