AI assistant
AMBARELLA INC — Director's Dealing 2014
Mar 7, 2014
31250_dirs_2014-03-07_bbb80f88-23a8-4c75-9673-69a39805babd.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AMBARELLA INC (AMBA)
CIK: 0001280263
Period of Report: 2014-03-05
Reporting Person: LeGall Didier (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-05 | Restricted Stock Units | $ | A | 4500 | Acquired | Ordinary Shares (4500) | Direct |
Footnotes
F1: The RSUs convert into the Issuer's Ordinary Shares on a one-for-one basis.
F2: On August 27, 2013 the reporting person was granted RSUs convertible into between 0 - 4,500 Ordinary Shares based on Issuer's determination of the satisfaction of certain performance goals for the fiscal year ended January 31, 2014, which RSUs would then become eligible for time-based vesting. The performance criteria achieved resulted in the grant of RSUs for 4,500 Ordinary Shares to the reporting person.
F3: The RSUs vest 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.