Andrew W. Verhalen - 15 Mar 2023 Form 4 Insider Report for AMBARELLA INC (AMBA)

Role
Director
Signature
/s/ Michael Morehead by Power of Attorney
Issuer symbol
AMBA
Transactions as of
15 Mar 2023
Net transactions value
$0
Form type
4
Filing time
17 Mar 2023, 17:10:18 UTC
Previous filing
20 Dec 2022
Next filing
07 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise +779 +1.1% 73,402 15 Mar 2023 Direct F1
holding AMBA Ordinary Shares 11,455 15 Mar 2023 By Andrew W. Verhalen and Janet L. Brownstone Trust 12/01/1989
holding AMBA Ordinary Shares 850 15 Mar 2023 By Nicole Brownstone Verhalen 1997 Trust
holding AMBA Ordinary Shares 850 15 Mar 2023 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 -779 -33% $0.000000 1,559 15 Mar 2023 Ordinary Shares 779 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, 2022, so as to be 100% vested on September 15, 2023.