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AMBARELLA INC — Director's Dealing 2014
Jun 18, 2014
31250_dirs_2014-06-18_f9bb8c7c-95df-47c6-b89c-e5e571f4cf09.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AMBARELLA INC (AMBA)
CIK: 0001280263
Period of Report: 2014-06-16
Reporting Person: Kohn Leslie (Director, CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-06-16 | Ordinary Shares | M | 3764.0 | — | Acquired | 867352 | Direct |
| 2014-06-16 | Ordinary Shares | S | 2761.0 | $26.55 | Disposed | 864591 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-06-16 | Restricted Stock Units | $ | M | 764.0 | Disposed | 2022-08-27 | Ordinary Shares (764) | Direct |
| 2014-06-16 | Restricted Stock Units | $ | M | 3000.0 | Disposed | 2023-08-26 | Ordinary Shares (3000) | Direct |
Footnotes
F1: Each RSU represents a contingent right to receive one share of the Issuer's Ordinary Shares.
F2: The RSUs vest as to one-fourth of the RSUs each three months following September 15, 2012.
F3: On August 27, 2013 the reporting person was granted RSUs convertible into 24,000 Ordinary Shares based on Issuer's determination of the satisfaction of certain performance goals for the fiscal year ended January 31, 2014. The performance criteria were achieved, and the RSUs become eligible for time-based vesting commencing on March 15, 2014.
F4: The RSUs vested as to 1/8 of the RSUs on June 15, 2014 and 1/8 of the RSU's will vest each three months thereafter such that the RSUs are 100% vested on March 15, 2016.