SEC Form 4 · accession 0001280263-15-000063
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
Jun 16, 2015
Accepted (ET)
Jun 18, 2015 · 6:46 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 | 3,549 | — | A | 12,673 | D | |
| Ordinary Shares | Jun 16, 2015 | S | 1,763 | $117.6043 | D | 10,910 | D | |
| Ordinary Shares | Jun 17, 2015 | M | 1,237 | $38.92 | A | 12,147 | D | |
| Ordinary Shares | Jun 17, 2015 | S | 1,237 | $122.00 | D | 10,910 | D | |
| Ordinary Shares | Jun 17, 2015 | S | 1,221 | $120.00 | D | 9,689 | D | |
| Ordinary Shares | Jun 18, 2015 | S | 2,084 | $125.00 | D | 7,605 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $38.92 | Jun 17, 2015 | M | 1,237 | D | — | Sep 7, 2024 | Ordinary Shares | 1,237 | 5,363 | D |
| Restricted Stock UnitsF1,F4 | — | Jun 16, 2015 | M | 556 | D | — | Aug 27, 2022 | Ordinary Shares | 556 | 2,778 | D |
| Restricted Stock UnitsF1,F5 | — | Jun 16, 2015 | M | 937 | D | — | Aug 26, 2023 | Ordinary Shares | 937 | 2,813 | D |
| Restricted Stock UnitsF1,F6 | — | Jun 16, 2015 | M | 1,094 | D | — | Aug 27, 2023 | Ordinary Shares | 1,094 | 9,844 | D |
| Restricted Stock UnitsF1,F7 | — | Jun 16, 2015 | M | 962 | D | — | Sep 7, 2024 | Ordinary Shares | 962 | 12,513 | 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.
- F3Shares subject to the option vest monthly over four years beginning on September 8, 2014.
- F4The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2012.
- F5The 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.
- F6The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2013.
- F7The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2014.