Chan W. Lee - 16 Jun 2022 Form 4 Insider Report for AMBARELLA INC (AMBA)

Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Chan W. Lee
Issuer symbol
AMBA
Transactions as of
16 Jun 2022
Net transactions value
-$144,690
Form type
4
Filing time
17 Jun 2022, 18:19:06 UTC
Previous filing
19 Apr 2022
Next filing
20 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise +4,047 +6.6% 64,962 16 Jun 2022 Direct F1
transaction AMBA Ordinary Shares Sale $144,690 -2,184 -3.4% $66.25 62,778 16 Jun 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 -2,237 -25% $0.000000 6,713 16 Jun 2022 Ordinary Shares 2,237 Direct F1, F3
transaction AMBA Restricted Stock Units Options Exercise $0 -733 -12% $0.000000 5,137 16 Jun 2022 Ordinary Shares 733 Direct F1, F4
transaction AMBA Restricted Stock Units Options Exercise $0 -1,077 -8.3% $0.000000 11,851 16 Jun 2022 Ordinary Shares 1,077 Direct F1, F5
* 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 March 15, 2020.
F4 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2021.
F5 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2022.