SEC Form 4 · accession 0001209191-15-030050
AMBARELLA INC · AMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lip Bu Tan
Director
Period of report
Mar 25, 2015
Accepted (ET)
Mar 27, 2015 · 8:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001280263
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Mar 25, 2015 | M | 10,000 | $8.82 | A | 14,167 | D | |
| Ordinary Shares | Mar 25, 2015 | M | 2,500 | $16.35 | A | 16,667 | D | |
| Ordinary Shares | Mar 25, 2015 | M | 2,777 | $38.92 | A | 19,444 | D | |
| Ordinary SharesF1 | Mar 25, 2015 | S | 15,277 | $69.4451 | D | 4,167 | D | |
| Ordinary SharesF2 | holding | — | — | — | 1,464 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $8.82 | Mar 25, 2015 | M | 10,000 | D | — | Nov 3, 2020 | Ordinary Shares | 10,000 | 12,222 | D |
| Stock Option (right to buy)F4 | $16.35 | Mar 25, 2015 | M | 2,500 | D | — | Jun 6, 2023 | Ordinary Shares | 2,500 | 3,055 | D |
| Stock Option (right to buy)F5 | $38.92 | Mar 25, 2015 | M | 2,777 | D | — | Sep 8, 2024 | Ordinary Shares | 2,777 | 2,778 | D |
Explanation of responses
- F1The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $69.27 to $69.65 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2Such shares are held by Lip-Bu Tan & Ysa Loo Trust DTD 2/3/92.
- F3Of the 22,222 total shares granted, the shares subject to the option vested monthly over four years beginning on August 1, 2010.
- F4Of the 5,555 total shares granted, the shares subject to the option vested at a rate of 1/12 per month following the vest start date of June 6, 2013
- F5Of the 5,555 total shares granted, the shares subject to the option vest at a rate of 1/12 per month following the vesting start date of September 8, 2014.