SEC Form 4 · accession 0001280263-15-000129
AMBARELLA INC · AMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Laplante
Officer — CFO
Period of report
Dec 16, 2015
Accepted (ET)
Dec 18, 2015 · 6:47 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 SharesF1 | Dec 16, 2015 | M | 8,412 | — | A | 56,515 | D | |
| Ordinary Shares | Dec 16, 2015 | S | 4,903 | $56.97 | D | 51,612 | 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 | — | Dec 16, 2015 | M | 694 | D | — | Aug 27, 2022 | Ordinary Shares | 694 | 2,084 | D |
| Restricted Stock UnitsF1,F4 | — | Dec 16, 2015 | M | 2,250 | D | — | Aug 26, 2023 | Ordinary Shares | 2,250 | 2,250 | D |
| Restricted Stock UnitsF1,F5 | — | Dec 16, 2015 | M | 2,625 | D | — | Aug 27, 2023 | Ordinary Shares | 2,625 | 18,375 | D |
| Restricted Stock UnitsF1,F6 | — | Dec 16, 2015 | M | 2,843 | D | — | Sep 7, 2024 | Ordinary Shares | 2,843 | 31,282 | 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 award and 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.