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

Role
Director
Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Chenming Hu
Stock symbol
AMBA
Transactions as of
Aug 31, 2023
Transactions value $
$0
Form type
4
Date filed
9/1/2023, 05:03 PM
Previous filing
Aug 21, 2023
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMBA Ordinary Shares Award $0 +3.22K +15.75% $0.00 23.6K Aug 31, 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.