SEC Form 4 · accession 0001280263-16-000159
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 16, 2016
Accepted (ET)
Mar 18, 2016 · 6:28 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,F2 | Mar 16, 2016 | M | 4,437 | — | A | 9,047 | 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 | — | Mar 16, 2016 | M | 486 | D | — | Aug 27, 2022 | Ordinary Shares | 486 | 973 | D |
| Restricted Stock UnitsF1,F4 | — | Mar 16, 2016 | M | 1,125 | D | — | Aug 26, 2023 | Ordinary Shares | 1,125 | 0 | D |
| Restricted Stock UnitsF1,F5 | — | Mar 16, 2016 | M | 1,313 | D | — | Aug 27, 2023 | Ordinary Shares | 1,313 | 7,875 | D |
| Restricted Stock UnitsF1,F6 | — | Mar 16, 2016 | M | 1,160 | D | — | Sep 7, 2024 | Ordinary Shares | 1,160 | 11,594 | D |
| Restricted Stock UnitsF1,F7 | — | Mar 16, 2016 | M | 353 | D | — | Oct 7, 2025 | Ordinary Shares | 353 | 4,946 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- F2Includes 175 shares acquired under the Company's employee stock purchase plan on March 15, 2016.
- 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.
- F7The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2015.