Elizabeth M. Schwarting - 16 Dec 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 Dec 2022
Net transactions value
-$19,052
Form type
4
Filing time
20 Dec 2022, 16:12:50 UTC
Previous filing
20 Sep 2022
Next filing
17 Mar 2023
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 +779 +23% 4,221 16 Dec 2022 Direct F1
transaction AMBA Ordinary Shares Sale $19,052 -234 -5.5% $81.42 3,987 19 Dec 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 -779 -25% $0.000000 2,338 16 Dec 2022 Ordinary Shares 779 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 sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $81.3604 to $81.4700 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
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, 2022, so as to be 100% vested on September 15, 2023.