SEC Form 4 · accession 0001280263-16-000193
AMBARELLA INC · AMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher B Paisley
Director
Period of report
Sep 6, 2016
Accepted (ET)
Sep 8, 2016 · 7:14 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 7, 2016 | M | 1,000 | $6.00 | A | 10,014 | D | |
| Ordinary Shares | Sep 7, 2016 | S | 1,000 | $69.13 | D | 9,014 | 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)F2 | $6.00 | Sep 7, 2016 | M | 1,000 | D | — | Oct 8, 2022 | Ordinary Shares | 1,000 | 16,667 | D |
| Restricted Stock UnitsF3,F4 | — | Sep 6, 2016 | A | 2,904 | A | — | Sep 15, 2017 | Restricted Stock Units | 2,904 | 2,904 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 13, 2016.
- F2Shares subject to the option vest monthly over four years beginning on August 20, 2012.
- F3Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- F4The 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, 2016, so as to be 100% vested on September 15, 2017.