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

Role
CEO, Director
Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Feng-Ming Wang
Stock symbol
AMBA
Transactions as of
Dec 16, 2022
Transactions value $
-$310,200
Form type
4
Date filed
12/20/2022, 04:15 PM
Previous filing
Sep 20, 2022
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise +7.3K +1.05% 701K Dec 16, 2022 Direct F1
transaction AMBA Ordinary Shares Sale -$310K -3.7K -0.53% $83.77 697K Dec 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 Restricted Stock Units Options Exercise $0 -3.59K -49.99% $0.00 3.59K Dec 16, 2022 Ordinary Shares 3.59K Direct F1, F3
transaction AMBA Restricted Stock Units Options Exercise $0 -1.47K -16.66% $0.00 7.34K Dec 16, 2022 Ordinary Shares 1.47K Direct F1, F4
transaction AMBA Restricted Stock Units Options Exercise $0 -2.24K -10% $0.00 20.2K Dec 16, 2022 Ordinary Shares 2.24K 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.