Brian White - Mar 15, 2023 Form 4 Insider Report for AMBARELLA INC (AMBA)

Role
CFO
Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Brian White
Stock symbol
AMBA
Transactions as of
Mar 15, 2023
Transactions value $
-$811,075
Form type
4
Date filed
3/17/2023, 08:53 PM
Previous filing
Mar 10, 2023
Next filing
Apr 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Options Exercise +20K +2118.64% 20.9K Mar 15, 2023 Direct F1
transaction AMBA Ordinary Shares Sale -$811K -10.6K -50.39% $76.85 10.4K Mar 17, 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 -20K -25% $0.00 60K Mar 15, 2023 Ordinary Shares 20K 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 Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
F3 The RSUs vest as to 1/4 of the RSUs on March 15, 2023 and 1/16 of the RSUs will vest each three months thereafter such that the RSUs are 100% vested on March 15, 2026.