Chenming Hu - 31 Aug 2023 Form 4 Insider Report for AMBARELLA INC (AMBA)

Role
Director
Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Chenming Hu
Issuer symbol
AMBA
Transactions as of
31 Aug 2023
Net transactions value
$0
Form type
4
Filing time
01 Sep 2023, 17:03:10 UTC
Previous filing
21 Aug 2023
Next filing
20 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Award $0 +3,218 +16% $0.000000 23,644 31 Aug 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective as of August 31, 2023, the Board of Directors approved an annual restricted stock unit grant of 3,218 Ordinary Shares to each independent director. The RSU grant vests as to 1/4th of the Ordinary Shares each three months following the vesting start date of September 15, 2023, so as to be 100% vested on September 15, 2024, subject to continued service with the Company.