CHRISTOPHER B. PAISLEY - 02 Sep 2021 Form 4 Insider Report for AMBARELLA INC (AMBA)

Role
Director
Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Christopher Paisley
Issuer symbol
AMBA
Transactions as of
02 Sep 2021
Net transactions value
-$85,442
Form type
4
Filing time
07 Sep 2021, 19:47:53 UTC
Previous filing
18 Aug 2021
Next filing
17 Sep 2021
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 $12,034 +736 +2.5% $16.35* 30,286 03 Sep 2021 Direct
transaction AMBA Ordinary Shares Sale $97,476 -736 -2.4% $132.44 29,550 03 Sep 2021 Direct F1

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 -736 -50% $0.000000 736 03 Sep 2021 Ordinary Shares 736 $16.35 Direct F2
transaction AMBA Restricted Stock Units Award $0 +1,508 $0.000000 1,508 02 Sep 2021 Ordinary Shares 1,508 Direct F3, 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 28, 2021.
F2 Shares subject to the option vest monthly over one year commencing on June 6, 2013.
F3 Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
F4 The restricted stock units will 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.