Sec Form 3 Filing - Bal Kanwardev Raja Singh @ indie Semiconductor, Inc. - 2022-12-01

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Bal Kanwardev Raja Singh
2. Issuer Name and Ticker or Trading Symbol
indie Semiconductor, Inc. [ INDI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP Chief Accounting Officer
(Last) (First) (Middle)
C/O INDIE SEMICONDUCTOR, INC., 32 JOURNEY
3. Date of Earliest Transaction (MM/DD/YY)
12/01/2022
(Street)
ALISO VIEJO, CA92656
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 19,507 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $ 0 ( 1 ) ( 1 ) Class A Common Stock 5,769 D
Performance-based Restricted Stock Units $ 0 ( 2 ) ( 2 ) Class A Common Stock 17,308 D
Restricted Stock Units $ 0 ( 3 ) ( 3 ) Class A Common Stock 50,000 D
Phantom Awards $ 0 ( 4 ) ( 4 ) Class A Common Stock 139,001 D
Employee Stock Option (right to buy) $ 7.58 ( 5 ) 03/09/2032( 5 ) Class A Common Stock 16,558 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bal Kanwardev Raja Singh
C/O INDIE SEMICONDUCTOR, INC.
32 JOURNEY
ALISO VIEJO, CA92656
SVP Chief Accounting Officer
Signatures
/s/ Bal, K. Raja S. by Naixi Wu pursuant to power of attorney filed on December 7, 2022 12/09/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units vest at the rate of 25% annually beginning March 9, 2023.
( 2 )Each performance-based restricted stock unit represent a contingent right to receive one share of Class A Common Stock. Reported shares reflect the target number of shares awarded to the Reporting Person by the Compensation Committee of the Issuer's Board of Directors. Subject to the Issuer's Class A common stock achieving a specified price per share, the number of shares issued pursuant to the award may range from 0% to 200% of the target.
( 3 )Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. Such restricted stock units vest at the rate of 25% annually beginning August 31, 2023.
( 4 )Each phantom award represents a contingent right to receive one share of Class A Common Stock. Such phantom awards will vest in installments of 69,501 and 69,500 on October 12, 2023 and 2024, respectively.
( 5 )These stock options vest with respect to twenty-five percent (25%) of the total number of shares of Class A common stock subject to the stock option on each of the first, second, third and fourth anniversaries of the grant date beginning March 9, 2023.

Remarks:
Exhibit List - Exhibit 24.1 Power of Attorney

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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