SEC Form 4 · accession 0001280263-16-000194
AMBARELLA INC · AMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Laplante
Officer — CFO
Period of report
Sep 7, 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 | 30,000 | $8.82 | A | 118,720 | D | |
| Ordinary SharesF2 | Sep 7, 2016 | S | 30,000 | $67.0821 | D | 88,720 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F3 | $8.82 | Sep 7, 2016 | M | 2,835 | D | — | Mar 7, 2021 | Ordinary Shares | 2,835 | 0 | D |
| Non-Qualified Stock Option (right to buy)F4 | $8.82 | Sep 7, 2016 | M | 27,165 | D | — | Mar 7, 2021 | Ordinary Shares | 27,165 | 44,912 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 28, 2016.
- F2The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $67.0811 to $67.0826 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.
- F3An option to purchase 11,337 shares was granted on March 8, 2011 and was exercised in part prior to the date on which the Reporting Person became subject to Section 16. One-fourth of the shares subject to the option vested on March 7, 2012 and one forty-eighth of the shares vest monthly thereafter.
- F4An option to purchase 288,306 shares was granted on March 8, 2011 and was exercised in part prior to the date on which the reporting person became subject to Section 16. One-fourth of the shares subject to the option vested on March 7, 2012 and one forty-eighth of the shares vest monthly thereafter.