Key facts
- This page summarizes Kevin C. Eichler's Form 4 filing for AMBARELLA INC (AMBA).
- 7 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 18 Mar 2022, 17:35.
Kevin C. Eichler - 16 Mar 2022 Form 4 Insider Report for AMBARELLA INC (AMBA)
- Reporting relationship
- CFO
- Issuer ticker
- AMBA
- Reported as of
- 16 Mar 2022
- Net transaction value
- -$1,590,619
- SEC form
- 4
- Accepted by SEC
- 18 Mar 2022, 17:35:23 UTC
- Prior SEC filing
- 14 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- By: /s/ Michael Morehead, Attorney-in-Fact For: Kevin C. Eichler
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Kevin C. Eichler filed Form 4 for AMBARELLA INC (AMBA) on 18 Mar 2022.
Change
- Previous filing in this sequence was filed on 14 Mar 2022.
- Current net transaction value: -$1,590,619.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AMBA
transaction
Ordinary Shares
Options Exercise
- Transaction value
- Shares
- +37,628
- Change %
- +71%
- Price
- Shares after
- 90,700
- Date
- 16 Mar 2022
- Ownership
- Direct
- Footnotes
- F1
AMBA
transaction
Ordinary Shares
Sale
- Transaction value
- $1,590,619
- Shares
- -17,441
- Change %
- -19%
- Price
- $91.20
- Shares after
- 73,259
- Date
- 16 Mar 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AMBA
transaction
Derivative
Performance Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -14,242
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 16 Mar 2022
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 14,242
- Exercise price
- Footnotes
- F1, F3
AMBA
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,187
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 16 Mar 2022
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 1,187
- Exercise price
- Footnotes
- F1, F4
AMBA
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -6,250
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 12,500
- Date
- 16 Mar 2022
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 6,250
- Exercise price
- Footnotes
- F1, F5
AMBA
transaction
Derivative
Restricted Stock Units
Sale
- Transaction value
- $0
- Shares
- -1,193
- Change %
- -20%
- Price
- $0.000000
- Shares after
- 4,774
- Date
- 16 Mar 2022
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 1,193
- Exercise price
- Footnotes
- F1, F6
AMBA
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -514
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 4,109
- Date
- 16 Mar 2022
- Ownership
- Direct
- Underlying class
- Ordinary Shares
- Underlying amount
- 514
- Exercise price
- Footnotes
- F1, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
Footnote F2
Shares sold to pay tax obligations resulting from the vesting of restricted stock units.
Footnote F3
On March 7, 2019, reporting person was granted a performance-based RSU award covering a target number of ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, the award would vest in full on March 15, 2022, subject to continued service requirements through such date. In addition, the number of shares subject to the award could be increased or decreased by up to 100% of the Target RSU Number, based on attainment of specified levels of the Company's total stockholder return over the period of February 1, 2019 through January 31, 2022 (the "TSR Period"). As a result of the Company's TSR performance over the TSR Period, the number of shares eligible to vest were increased by 100% of the Target RSU Number.
Footnote F4
The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2019.
Footnote F5
The RSUs vest as to 1/4 of the RSUs on September 15, 2019 and 1/16 of the RSUs will vest each three months thereafter such that the RSUs are 100% vested on September 15, 2022.
Footnote F6
The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2020.
Footnote F7
The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2021.