indie Semiconductor, Inc. — Director's Dealing 2022

Aug 16, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: indie Semiconductor, Inc. (INDI)
CIK: 0001841925
Period of Report: 2022-08-11

Reporting Person: Kee Scott David (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-11	Class V Common Stock	M	18502	—	Disposed	5541012	Direct
2022-08-11	Class A Common Stock	M	18502	—	Acquired	19171	Direct
2022-08-11	Class A Common Stock	S	18502	$7.95	Disposed	669	Direct
2022-08-12	Class V Common Stock	M	81498	—	Disposed	5459514	Direct
2022-08-12	Class A Common Stock	M	81498	—	Acquired	82167	Direct
2022-08-12	Class A Common Stock	S	81498	$8.03	Disposed	669	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-08-11	ADK Class A Units	$0.0	M	18502	Disposed		Class A Common Stock (18502.0)	Direct
2022-08-12	ADK Class A Units	$0.0	M	81498	Disposed		Class A Common Stock (81498.0)	Direct

Footnotes

F1: Cancellation of Class V Common Stock upon Reporting Person's exchange of ADK Class A Units for an equal number of shares of Class A Common Stock. See note 2.

F2: Class A Common Stock received upon conversion of ADK Class A Units. The ADK Class A Units may be exchanged by the Reporting Person at any time after December 10, 2021 for an equal amount of shares of Class A Common Stock or, at the election of the Issuer, cash equal to the fair market value of such shares. Upon the Reporting Person's exchange of an ADK Class A Unit for Class A Common Stock, an equivalent number of shares of Class V Common Stock will be cancelled.

F3: Represents shares of Class A common stock sold in the open market pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 17, 2022. The Reporting Person's Rule 10b5-1 plan includes a series of automated open market sales with a range of predetermined prices through December 16, 2023.

F4: The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $7.70 to $7.97, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.

F5: The price reported in Column 4 is a weighted average price. The shares reported in this Form 4 were sold in separate transactions at prices ranging from $7.77 to $8.11, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the price range set forth in this footnote.

F6: N/A