SEC Form 4 · accession 0001280263-16-000148
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
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 6:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001280263
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F3 | — | Mar 7, 2016 | A | 12,356 | A | — | Mar 6, 2026 | Ordinary Shares | 12,356 | 12,356 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- F2On March 7, 2016 the reporting person was granted restricted stock units based on Issuer's determination of the satisfaction of certain performance goals for the fiscal year ended January 31, 2016. The performance criteria achieved resulted in the grant of restricted stock units for 12,356 Ordinary Shares to the reporting person.
- F3The restricted stock units vest at the rate of 1/14 per quarter beginning on March 15, 2016.