SEC Form 4 · accession 0001280263-17-000075
AMBARELLA INC · AMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yun-Lung Chen
Officer — VP, Business Development
Period of report
Sep 18, 2017
Accepted (ET)
Sep 20, 2017 · 4:20 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 | Sep 18, 2017 | M | 4,639 | — | A | 22,726 | 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 | — | Sep 18, 2017 | M | 930 | D | — | Sep 15, 2019 | Ordinary Shares | 930 | 7,436 | D |
| Restricted Stock UnitsF1,F4 | — | Sep 18, 2017 | M | 1,313 | D | — | Aug 27, 2023 | Ordinary Shares | 1,313 | 0 | D |
| Restricted Stock UnitsF1,F5 | — | Sep 18, 2017 | M | 1,159 | D | — | Sep 7, 2024 | Ordinary Shares | 1,159 | 4,638 | D |
| Restricted Stock UnitsF1,F6 | — | Sep 18, 2017 | M | 354 | D | — | Oct 7, 2025 | Ordinary Shares | 354 | 2,826 | D |
| Restricted Stock UnitsF1,F7 | — | Sep 18, 2017 | M | 883 | D | — | Mar 6, 2026 | Ordinary Shares | 883 | 7,061 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- F2Includes 224 shares acquired under the Company's employee stock purchase plan on September 15, 2017.
- F3The RSUs vest as to 1/10 of the RSUs on June 15, 2017 and 1/10 of the RSUs will vest each three months thereafter such that the RSUs are 100% vested on September 15, 2019.
- F4The restricted stock units vest at the rate of 1/16 per quarter commencing on September 15, 2013.
- F5The restricted stock units vest at the rate of 1/16 per quarter commencing on September 15, 2014.
- F6The restricted stock units vest at the rate of 1/16 per quarter commencing on September 15, 2015.
- F7The restricted stock units vest at the rate of 1/14 per quarter commencing on March 15, 2016.