Form 4 for AMBA AMBARELLA INC
Accepted 2022-03-18 00:00:00 ET · period of report 2022-03-16 · accession 0001280263-22-000027 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-18 | 2022-03-16 | AMBA | Ju Chi-Hong | Sr. VP, Systems | M - OptEx | — | +31.4K | 167.3K | +23% | — |
| D | 2022-03-18 | 2022-03-16 | AMBA | Ju Chi-Hong | Sr. VP, Systems | S - Sale+OE | $91.20 | -14.6K | 152.7K | -9% | -$1.33M |
| DM | 2022-03-18 | 2022-03-16 | AMBA | Ju Chi-Hong | Sr. VP, Systems | M - OptEx | $0.00 | -17.2K | 4,109 | -81% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2022-03-16 | M | A | 31,416 | — | 167,330 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares. (F2) Includes 81 shares acquired under the Company's employee stock purchase plan on March 15, 2022. |
| 2 | Common | Ordinary Shares | 2022-03-16 | S | D | 14,598 | $91.20 | 152,732 | D | — | — | (F3) Shares sold to pay tax obligations resulting from the vesting of restricted stock units. |
| 3 | Derivative | Restricted Stock Units | 2022-03-16 | M | D | 1,195 | $0.00 | 4,780 | D | — · — to 2023-03-15 | 1,195 Ordinary Shares | (F1) Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares. (F6) The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2020. |
| 4 | Derivative | Restricted Stock Units | 2022-03-16 | M | D | 1,189 | $0.00 | 0 | D | — · — to 2022-03-15 | 1,189 Ordinary Shares | (F1) Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares. (F5) The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2019. |
| 5 | Derivative | Performance Stock Units | 2022-03-16 | M | D | 14,259 | $0.00 | 0 | D | — · — to 2022-03-15 | 14,259 Ordinary Shares | (F1) Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares. (F4) On March 7, 2019, reporting person was granted a performance-based RSU award covering a target number of ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, the award would vest in full on March 15, 2022, subject to continued service requirements through such date. In addition, the number of shares subject to the award could be increased or decreased by up to 100% of the Target RSU Number, based on attainment of specified levels of the Company's total stockholder return over the period of February 1, 2019 through January 31, 2022 (the "TSR Period"). As a result of the Company's TSR performance over the TSR Period, the number of shares eligible to vest were increased by 100% of the Target RSU Number. |
| 6 | Derivative | Restricted Stock Units | 2022-03-16 | M | D | 514 | $0.00 | 4,109 | D | — · — to 2024-03-15 | 514 Ordinary Shares | (F1) Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares. (F7) The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2021. |