SEC Form 4 · accession 0001280263-15-000072
AMBARELLA INC · AMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yun-Lung Chen
Officer — Vice President, Sales
Period of report
Sep 14, 2015
Accepted (ET)
Sep 16, 2015 · 7:15 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 | Sep 14, 2015 | M | 6,334 | $9.99 | A | 7,828 | D | |
| Ordinary Shares | Sep 14, 2015 | M | 1,987 | $38.92 | A | 9,815 | D | |
| Ordinary Shares | Sep 14, 2015 | S | 8,321 | $68.80 | D | 1,494 | D | |
| Ordinary SharesF1,F2 | Sep 16, 2015 | M | 4,083 | $0.00 | A | 5,739 | 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 | $9.99 | Sep 14, 2015 | M | 6,334 | D | — | Jul 9, 2022 | Ordinary Shares | 6,334 | 5,241 | D |
| Non-Qualified Stock Option (right to buy)F4 | $38.92 | Sep 14, 2015 | M | 1,987 | D | — | Sep 7, 2024 | Ordinary Shares | 1,987 | 5,963 | D |
| Restricted Stock UnitsF1,F5 | — | Sep 16, 2015 | M | 486 | D | — | Aug 27, 2022 | Ordinary Shares | 486 | 1,945 | D |
| Restricted Stock UnitsF1,F6 | — | Sep 16, 2015 | M | 1,125 | D | — | Aug 26, 2023 | Ordinary Shares | 1,125 | 2,250 | D |
| Restricted Stock UnitsF1,F7 | — | Sep 16, 2015 | M | 1,313 | D | — | Aug 27, 2023 | Ordinary Shares | 1,313 | 10,500 | D |
| Restricted Stock UnitsF1,F8 | — | Sep 16, 2015 | M | 1,159 | D | — | Sep 7, 2024 | Ordinary Shares | 1,159 | 13,913 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- F2Includes 162 shares acquired under the Company's employee stock purchase plan on September 15, 2015.
- F3Shares subject to the option vest monthly over four years beginning on May 23, 2012.
- F4Shares subject to the option vest monthly over four years beginning on September 8, 2014.
- F5The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2012.
- F6The 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.
- F7The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2013.
- F8The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2014.