Elizabeth M. Schwarting - 15 Mar 2023 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
15 Mar 2023
Net transactions value
-$17,730
Form type
4
Filing time
17 Mar 2023, 16:55:12 UTC
Previous filing
17 Mar 2023
Next filing
14 Apr 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 +20% 4,766 15 Mar 2023 Direct F1
transaction AMBA Ordinary Shares Sale $17,730 -234 -4.9% $75.77 4,532 16 Mar 2023 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 -33% $0.000000 1,559 15 Mar 2023 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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 21, 2022.
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.