Chi-Hong Ju - Sep 1, 2021 Form 3 Insider Report for AMBARELLA INC (AMBA)

Role
Sr. Vice President, Systems
Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Chi-Hong Ju
Stock symbol
AMBA
Transactions as of
Sep 1, 2021
Transactions value $
$0
Form type
3
Date filed
9/14/2021, 07:40 PM
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AMBA Ordinary Shares 133K Sep 1, 2021 Direct

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
holding AMBA Non-Qualified Stock Option (right to buy) Sep 1, 2021 Ordinary Shares 8.9K $38.92 Direct F1
holding AMBA Performance Stock Units Sep 1, 2021 Ordinary Shares 14.3K Direct F2, F3
holding AMBA Performance Stock Units Sep 1, 2021 Ordinary Shares 14.3K Direct F3, F4
holding AMBA Performance Stock Units Sep 1, 2021 Ordinary Shares 6.16K Direct F3, F5
holding AMBA Restricted Stock Units Sep 1, 2021 Ordinary Shares 3.57K Direct F3, F6
holding AMBA Restricted Stock Units Sep 1, 2021 Ordinary Shares 8.36K Direct F3, F7
holding AMBA Restricted Stock Units Sep 1, 2021 Ordinary Shares 5.65K Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares subject to the option vest monthly over four years commencing on September 8, 2014.
F2 Reporting person was granted an award of performance-based RSUs covering a target of 14,259 ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, 100% of this award is scheduled to vest on March 15, 2022, subject to continued service requirements through such date. In addition, the number of shares subject to the RSUs may be increased or decreased by up to 100% of the Target RSU Number or may remain the same, based on attainment of specified levels of the Company's total stockholder return over the period of February 1, 2019 through January 31, 2022.
F3 Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
F4 Reporting person was granted an award of performance-based RSUs covering a target of 14,338 ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, 100% of this award is scheduled to vest on March 15, 2023, subject to continued service requirements through such date. In addition, the number of shares subject to the RSUs may be increased or decreased by up to 100% of the Target RSU Number or may remain the same, based on attainment of specified levels of the Company's total stockholder return over the period of February 1, 2020 through January 31, 2023.
F5 Reporting person was granted an award of performance-based RSUs covering a target of 6,163 ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, 100% of this award is scheduled to vest on March 15, 2024, subject to continued service requirements through such date. In addition, the number of shares subject to the RSUs may be increased or decreased by up to 100% of the Target RSU Number or may remain the same, based on attainment of specified levels of the Company's total stockholder return over the period of February 1, 2021 through January 31, 2024.
F6 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2019.
F7 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2020.
F8 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2021.