Elizabeth M. Schwarting - 16 Mar 2022 Form 4 Insider Report for AMBARELLA INC (AMBA)

Role
Director
Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Elizabeth M. Schwarting
Issuer symbol
AMBA
Transactions as of
16 Mar 2022
Net transactions value
-$10,503
Form type
4
Filing time
18 Mar 2022, 17:36:29 UTC
Previous filing
22 Dec 2021
Next filing
17 Jun 2022
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 +377 +14% 3,027 16 Mar 2022 Direct F1
transaction AMBA Ordinary Shares Sale $10,503 -113 -3.7% $92.95 2,914 17 Mar 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 Restricted Stock Units Options Exercise $0 -377 -33% $0.000000 754 16 Mar 2022 Ordinary Shares 377 Direct F1, F3
* 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 adopted on December 23, 2021.
F3 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.