Christopher B. Paisley - Mar 16, 2022 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
Mar 16, 2022
Transactions value $
-$37,253
Form type
4
Date filed
3/18/2022, 05:35 PM
Previous filing
Feb 17, 2022
Next filing
Mar 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise +377 +1.22% 31.3K Mar 16, 2022 Direct F1
transaction AMBA Ordinary Shares Options Exercise $29.2K +750 +2.4% $38.92 32K Mar 16, 2022 Direct
transaction AMBA Ordinary Shares Sale -$66.4K -750 -2.34% $88.59 31.3K Mar 16, 2022 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -750 -22.69% $0.00 2.56K Mar 16, 2022 Ordinary Shares 750 $38.92 Direct F3
transaction AMBA Restricted Stock Units Options Exercise $0 -377 -33.33% $0.00 754 Mar 16, 2022 Ordinary Shares 377 Direct F1, F4
* 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 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.
F3 The shares subject to the option vest at a rate of 1/12 per month following the vesting start date of September 8, 2014.
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.