SEC Form 4 · accession 0001280263-15-000062
AMBARELLA INC · AMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yun-Lung Chen
Officer — VP of Business Development
Period of report
Jun 16, 2015
Accepted (ET)
Jun 18, 2015 · 6:40 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 | Jun 16, 2015 | M | 4,083 | — | A | 9,660 | D | |
| Ordinary SharesF2 | Jun 18, 2015 | S | 1,646 | $125.04 | D | 8,014 | 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 | — | Jun 16, 2015 | M | 486 | D | — | Aug 27, 2022 | Ordinary Shares | 486 | 2,431 | D |
| Restricted Stock UnitsF1,F4 | — | Jun 16, 2015 | M | 1,125 | D | — | Aug 26, 2023 | Ordinary Shares | 1,125 | 3,375 | D |
| Restricted Stock UnitsF1,F5 | — | Jun 16, 2015 | M | 1,312 | D | — | Aug 27, 2023 | Ordinary Shares | 1,312 | 11,813 | D |
| Restricted Stock UnitsF1,F6 | — | Jun 16, 2015 | M | 1,160 | D | — | Sep 7, 2024 | Ordinary Shares | 1,160 | 15,072 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- F2The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $125.00 to $125.16 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 this Form 4.
- 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.