Ichiro Aoki - 06 Mar 2025 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: 06 Mar 2025
Net transactions value: -$7,554
Form type: 4
Filing time: 10 Mar 2025, 19:01:36 UTC
Previous filing: 04 Mar 2025
Next filing: 14 Jul 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	+6,250	+11%	$0.000000	62,070	06 Mar 2025	Direct	F1
transaction	INDI	Class A Common Stock	Sale	$7,554	-2,605	-4.2%	$2.90	59,465	07 Mar 2025	Direct	F2
holding	INDI	Class V Common Stock						4,939,362	06 Mar 2025	Direct

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	Performance-based Restricted Stock Units	Award	$0	+12,500		$0.000000	12,500	06 Mar 2025	Class A Common Stock	12,500		Direct	F3, F4
transaction	INDI	Performance-based Restricted Stock Units	Options Exercise	$0	-6,250	-50%	$0.000000	6,250	06 Mar 2025	Class A Common Stock	6,250		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Acquired upon achievement of certain predetermined performance criteria pursuant to a performance-based restricted stock units award (PSU Award) granted on January 3, 2023 (Award Date). The Compensation Committee certified the achievement of the performance criteria on March 6, 2025.
F2	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.
F3	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F4	Represents shares of Class A common stock underlying the PSU Award previously granted by the Issuer on Award Date, the vesting of which was subject to the Issuer's achievement of certain predetermined performance criteria. The Compensation Committee certified the achievement of the performance criteria on March 6, 2025. 50% of the number of shares of Class A common stock reported herein vested on March 6, 2025, and the remaining 50% will vest on January 3, 2026.