SEC Form 4 · accession 0001280263-17-000076
AMBARELLA INC · AMBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Day
Officer — VP, Marketing
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 | 2,934 | — | A | 24,524 | D | |
| Ordinary Shares | Sep 18, 2017 | S | 1,529 | $46.50 | D | 22,995 | 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,F4 | — | Sep 18, 2017 | M | 877 | D | — | Sep 15, 2019 | Ordinary Shares | 877 | 7,016 | D |
| Restricted Stock UnitsF1,F5 | — | Sep 18, 2017 | M | 1,094 | D | — | Aug 27, 2023 | Ordinary Shares | 1,094 | 0 | D |
| Restricted Stock UnitsF1,F6 | — | Sep 18, 2017 | M | 963 | D | — | Sep 7, 2024 | Ordinary Shares | 963 | 3,850 | 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.
- F3Shares sold to pay tax obligations resulting from the vesting of restricted stock awards and restricted stock units.
- F4The 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.
- F5The restricted stock units vest at the rate of 1/16 per quarter commencing on September 15, 2013.
- F6The restricted stock units vest at the rate of 1/16 per quarter commencing on September 15, 2014.