Feng-Ming Wang - Jun 16, 2021 Form 4 Insider Report for AMBARELLA INC (AMBA)

Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Feng-Ming Wang
Stock symbol
AMBA
Transactions as of
Jun 16, 2021
Transactions value $
-$626,996
Form type
4
Date filed
6/17/2021, 05:21 PM
Next filing
Jul 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise +12.1K +2.02% 612K Jun 16, 2021 Direct F1
transaction AMBA Ordinary Shares Sale -$627K -6.18K -1.01% $101.39 606K Jun 16, 2021 Direct F2

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 -3.47K -100% $0.00* 0 Jun 16, 2021 Ordinary Shares 3.47K Direct F1, F3
transaction AMBA Restricted Stock Units Options Exercise $0 -3.57K -24.99% $0.00 10.7K Jun 16, 2021 Ordinary Shares 3.57K Direct F1, F4
transaction AMBA Restricted Stock Units Options Exercise $0 -3.59K -12.5% $0.00 25.1K Jun 16, 2021 Ordinary Shares 3.59K Direct F1, F5
transaction AMBA Restricted Stock Units Options Exercise $0 -1.47K -8.33% $0.00 16.1K Jun 16, 2021 Ordinary Shares 1.47K Direct F1, F6
* 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 Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
F3 The restricted stock units vest at the rate of 1/12 per quarter commencing on June 15, 2018.
F4 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2019.
F5 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2020.
F6 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2021.