BRIAN WHITE - 15 Mar 2023 Form 4 Insider Report for AMBARELLA INC (AMBA)

Role: CFO
Signature: By: /s/ Michael Morehead, Attorney-in-Fact For: Brian White
Issuer symbol: AMBA
Transactions as of: 15 Mar 2023
Net transactions value: -$811,075
Form type: 4
Filing time: 17 Mar 2023, 20:53:48 UTC
Previous filing: 10 Mar 2023
Next filing: 05 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		+20,000	+2119%		20,944	15 Mar 2023	Direct	F1
transaction	AMBA	Ordinary Shares	Sale	$811,075	-10,554	-50%	$76.85	10,390	17 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	-20,000	-25%	$0.000000	60,000	15 Mar 2023	Ordinary Shares	20,000		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.