Yun-Lung Chen - 28 Feb 2025 Form 4 Insider Report for AMBARELLA INC (AMBA)

Role
VP, Business Development
Signature
By: /s/ Michael Morehead, Attorney-in-Fact For: Yun-Lung Chen
Issuer symbol
AMBA
Transactions as of
28 Feb 2025
Net transactions value
$0
Form type
4
Filing time
07 Mar 2025, 16:22:41 UTC
Previous filing
05 Sep 2024
Next filing
12 Sep 2025
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 +5,868 +9.5% $0.000000 67,894 28 Feb 2025 Direct F1
transaction AMBA Ordinary Shares Award $0 +2,249 +3.3% $0.000000 70,143 05 Mar 2025 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 Performance Stock Units Award $0 +5,868 $0.000000 5,868 28 Feb 2025 Ordinary Shares 5,868 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2025.
F2 Represents an award of fully-vested restricted stock units (RSUs) issued to reporting person as payment of reporting person's annual bonus under the company's previously established Fiscal Year 2025 Annual Bonus Plan. Each restricted stock unit represents a contingent right to receive one Ordinary Share.
F3 Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
F4 Reporting person was granted an award of performance-based RSUs covering a target number of ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, 100% of the Target RSU Number is scheduled to vest on March 15, 2028, subject to continued service requirements through such date. In addition, the number of shares subject to the RSUs may be decreased by up to 100% or increased by up to 150% of the Target RSU Number or may remain the same, based on the Company's total shareholder return and revenue growth rate over the period of February 1, 2025 through January 31, 2028.