Chi-Hong Ju - 16 Dec 2022 Form 4 Insider Report for AMBARELLA INC (AMBA)

Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Chi-Hong Ju
Issuer symbol
AMBA
Transactions as of
16 Dec 2022
Net transactions value
-$167,190
Form type
4
Filing time
20 Dec 2022, 16:40:13 UTC
Previous filing
20 Sep 2022
Next filing
22 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise +2,485 +1.6% 157,715 16 Dec 2022 Direct F1
transaction AMBA Ordinary Shares Sale $105,718 -1,262 -0.8% $83.77 156,453 16 Dec 2022 Direct F2
transaction AMBA Ordinary Shares Sale $61,472 -764 -0.49% $80.46 155,689 19 Dec 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 -1,195 -50% $0.000000 1,195 16 Dec 2022 Ordinary Shares 1,195 Direct F1, F4
transaction AMBA Restricted Stock Units Options Exercise $0 -514 -17% $0.000000 2,568 16 Dec 2022 Ordinary Shares 514 Direct F1, F5
transaction AMBA Restricted Stock Units Options Exercise $0 -776 -10% $0.000000 6,981 16 Dec 2022 Restricted Stock Units 776 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 Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
F3 The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $80.46 to $80.47 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.
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.