KEVIN C. EICHLER - 16 Dec 2021 Form 4 Insider Report for AMBARELLA INC (AMBA)

Role
CFO
Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Kevin C. Eichler
Issuer symbol
AMBA
Transactions as of
16 Dec 2021
Transactions value $
-$950,860
Form type
4
Filing time
17 Dec 2021, 16:35:08 UTC
Previous filing
07 Dec 2021
Next filing
10 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise +9.14K +19.13% 56.9K 16 Dec 2021 Direct F1
transaction AMBA Ordinary Shares Sale -$951K -5.04K -8.84% $188.85 51.9K 16 Dec 2021 Direct F2

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 AMBA Restricted Stock Units Options Exercise $0 -1.19K -50% $0.00 1.19K 16 Dec 2021 Ordinary Shares 1.19K Direct F1, F3
transaction AMBA Restricted Stock Units Options Exercise $0 -6.25K -25% $0.00 18.8K 16 Dec 2021 Ordinary Shares 6.25K Direct F1, F4
transaction AMBA Restricted Stock Units Options Exercise $0 -1.19K -16.66% $0.00 5.97K 16 Dec 2021 Ordinary Shares 1.19K Direct F1, F5
transaction AMBA Restricted Stock Units Options Exercise $0 -513 -9.99% $0.00 4.62K 16 Dec 2021 Ordinary Shares 513 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
F2 Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
F3 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2019.
F4 The RSUs vest as to 1/4 of the RSUs on September 15, 2019 and 1/16 of the RSUs will vest each three months thereafter such that the RSUs are 100% vested on September 15, 2022.
F5 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2020.
F6 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2021.