Christopher Paisley - Jun 8, 2021 Form 4 Insider Report for AMBARELLA INC (AMBA)

Role
Director
Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Christopher Paisley
Stock symbol
AMBA
Transactions as of
Jun 8, 2021
Transactions value $
-$88,167
Form type
4
Date filed
6/11/2021, 09:09 AM
Previous filing
May 27, 2021
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise $58.4K +1.5K +5.25% $38.92 30.1K Jun 8, 2021 Direct
transaction AMBA Ordinary Shares Sale -$29.1K -300 -1% $96.84 29.8K Jun 8, 2021 Direct F1, F2
transaction AMBA Ordinary Shares Sale -$117K -1.2K -4.03% $97.91 28.6K Jun 8, 2021 Direct F1, F3

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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.5K -31.22% $0.00 3.31K Jun 8, 2021 Ordinary Shares 1.5K $38.92 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan of the Paisley Living Trust adopted on June 22, 2020.
F2 The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $96.53 to $97.18 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
F3 The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $97.55 to $98.54 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
F4 The shares subject to the option vest at a rate of 1/12 per month following the vesting start date of September 8, 2014.