SEC Form 4 · accession 0001280263-15-000122
AMBARELLA INC · AMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher B Paisley
Director
Period of report
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 7:02 pm EST
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 | Dec 15, 2015 | M | 1,000 | $6.00 | A | 6,556 | D | |
| Ordinary SharesF2 | Dec 15, 2015 | S | 500 | $56.452 | D | 6,056 | D | |
| Ordinary SharesF3 | Dec 15, 2015 | S | 500 | $57.3228 | D | 5,556 | D | |
| Ordinary SharesF4 | Dec 16, 2015 | M | 1,152 | — | A | 6,708 | 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)F5 | $6.00 | Dec 15, 2015 | M | 1,000 | D | — | Oct 8, 2022 | Ordinary Shares | 1,000 | 18,667 | D |
| Restricted Stock UnitsF4,F6 | — | Dec 16, 2015 | M | 1,152 | D | — | Sep 15, 2016 | Ordinary Shares | 1,152 | 3,459 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 15, 2015.
- F2The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $56.13 to $56.81 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 sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $57.15 to $57.54 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.
- F4Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- F5Shares subject to the option vest monthly over four years beginning on August 20, 2012.
- F6The restricted stock units will vest as to 1/4th of the restricted stock units each three months following the vesting start date of September 15, 2015, so as to be 100% vested on September 15, 2016.