Andrew W. Verhalen - 16 Jun 2022 Form 4 Insider Report for AMBARELLA INC (AMBA)

Role
Director
Signature
/s/ Michael Morehead by Power of Attorney
Issuer symbol
AMBA
Transactions as of
16 Jun 2022
Net transactions value
$0
Form type
4
Filing time
17 Jun 2022, 17:00:21 UTC
Previous filing
18 Mar 2022
Next filing
02 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise +377 +0.53% 71,467 16 Jun 2022 Direct F1
holding AMBA Ordinary Shares 11,455 16 Jun 2022 Ordinary Shares 11,455 I By Andrew W. Verhalen and Janet L. Brownstone Trust 12/01/1989
holding AMBA Ordinary Shares 850 16 Jun 2022 By Nicole Brownstone Verhalen 1997 Trust
holding AMBA Ordinary Shares 850 16 Jun 2022 By Sara Rose Verhalen 1997 Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMBA Restricted Stock Units Options Exercise $0 -377 -50% $0.000000 377 16 Jun 2022 Ordinary Shares 377 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
F2 The restricted stock units vest as to 1/4th of the restricted stock units each three months following the vesting start date of September 15, 2021, so as to be 100% vested on September 15, 2022.