SEC Form 4 · accession 0001280263-15-000031
AMBARELLA INC · AMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Day
Officer — VP of Marketing
Period of report
Mar 17, 2015
Accepted (ET)
Mar 19, 2015 · 6:41 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 SharesF1 | Mar 17, 2015 | M | 3,550 | $0.00 | A | 16,406 | D | |
| Ordinary Shares | Mar 17, 2015 | S | 1,341 | $68.22 | D | 15,065 | D | |
| Ordinary Shares | Mar 19, 2015 | S | 809 | $68.75 | D | 14,256 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Mar 17, 2015 | M | 555 | D | — | Aug 27, 2022 | Ordinary Shares | 555 | 3,334 | D |
| Restricted Stock UnitsF1,F4 | — | Mar 17, 2015 | M | 938 | D | — | Aug 26, 2023 | Ordinary Shares | 938 | 3,750 | D |
| Restricted Stock UnitsF1,F5 | — | Mar 17, 2015 | M | 1,094 | D | — | Aug 27, 2023 | Ordinary Shares | 1,094 | 10,938 | D |
| Restricted Stock UnitsF1,F6 | — | Mar 17, 2015 | M | 963 | D | — | Sep 7, 2024 | Ordinary Shares | 963 | 13,475 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- F2Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
- F3The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2012.
- F4The RSUs vested as to 1/8 of the RSUs on June 15, 2014 and 1/8 of the RSU's will vest each three months thereafter such that the RSUs are 100% vested on March 15, 2016.
- F5The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2013.
- F6The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2014.