indie Semiconductor, Inc. — Director's Dealing 2025

Mar 11, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: indie Semiconductor, Inc. (INDI)
CIK: 0001841925
Period of Report: 2025-03-06

Reporting Person: Wittmann Michael (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-03-06	Class A Common Stock	M	12500	—	Acquired	55582	Direct
2025-03-06	Class A Common Stock	M	25000	—	Acquired	80582	Direct
2025-03-07	Class A Common Stock	S	4504	$2.90	Disposed	76078	Direct
2025-03-07	Class A Common Stock	S	9066	$2.90	Disposed	67012	Direct
2025-03-08	Class A Common Stock	M	21750	—	Acquired	88762	Direct
2025-03-10	Class A Common Stock	S	8114	$2.81	Disposed	80648	Direct
2025-03-10	Class A Common Stock	S	2761	$2.81	Disposed	77887	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-03-06	Performance-based Restricted Stock Units	$	A	25000	Acquired		Class A Common Stock (25000)	Direct
2025-03-06	Performance-based Restricted Stock Units	$	M	12500	Disposed		Class A Common Stock (12500)	Direct
2025-03-06	Restricted Stock Units	$	M	25000	Disposed		Class A Common Stock (25000)	Direct
2025-03-08	Restricted Stock Units	$0	M	21750	Disposed		Class A Common Stock (21750)	Direct

Footnotes

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: Represent 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: The sales made in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2024. The Reporting Person's Rule 10b5-1 plan includes automated
open market sales of the Issuer's Class A common stock on predetermined dates through March 10, 2026.

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 $2.68 to $2.96, 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: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.

F6: 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.

F7: 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.

F8: Such restricted stock units will vest in installments of 21,750 on March 8, 2024 and 2025.