Feng-Ming Wang - Sep 16, 2022 Form 4 Insider Report for AMBARELLA INC (AMBA)

Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Feng-Ming Wang
Stock symbol
AMBA
Transactions as of
Sep 16, 2022
Transactions value $
-$236,302
Form type
4
Date filed
9/20/2022, 04:54 PM
Previous filing
Jun 17, 2022
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise +7.3K +1.06% 697K Sep 16, 2022 Direct F1, F2
transaction AMBA Ordinary Shares Sale -$236K -3.74K -0.54% $63.25 694K Sep 16, 2022 Direct F3

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 -3.59K -33.34% $0.00 7.19K Sep 16, 2022 Ordinary Shares 3.59K Direct F1, F4
transaction AMBA Restricted Stock Units Options Exercise $0 -1.47K -14.28% $0.00 8.81K Sep 16, 2022 Ordinary Shares 1.47K Direct F1, F5
transaction AMBA Restricted Stock Units Options Exercise $0 -2.24K -9.09% $0.00 22.4K Sep 16, 2022 Ordinary Shares 2.24K Direct F1, F6
* 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 Includes 142 shares acquired under the Company's employee stock purchase plan on September 15, 2022.
F3 Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
F4 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2020.
F5 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2021.
F6 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2022.