SEC Form 4 · accession 0001280263-18-000100
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, 2018
Accepted (ET)
Sep 20, 2018 · 5:56 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, 2018 | M | 3,051 | — | A | 19,638 | D | |
| Ordinary Shares | Sep 19, 2018 | S | 1,533 | $35.51 | D | 18,105 | 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, 2018 | M | 877 | D | — | Sep 15, 2019 | Ordinary Shares | 877 | 3,508 | D |
| Restricted Stock UnitsF1,F5 | — | Sep 18, 2018 | M | 1,211 | D | — | Jun 15, 2021 | Ordinary Shares | 1,211 | 13,322 | D |
| Restricted Stock UnitsF1,F6 | — | Sep 18, 2018 | M | 963 | D | — | Sep 7, 2024 | Ordinary Shares | 963 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- F2Includes 234 shares acquired under the Company's employee stock purchase plan on September 17, 2018.
- 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 1/12 per quarter commencing on June 15, 2018.
- F6The restricted stock units vest at the rate of 1/16 per quarter commencing on September 15, 2014.