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AMBARELLA INC Director's Dealing 2014

Mar 17, 2014

31250_dirs_2014-03-17_08fe41b0-a384-4094-83e8-0a791c5b73f1.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AMBARELLA INC (AMBA)
CIK: 0001280263
Period of Report: 2014-03-05

Reporting Person: Chen Yen-Lung (Vice President of Sales)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $3.20 2019-07-09 Ordinary Shares (2037) Direct
Stock Option (right to buy) $8.82 2020-11-03 Ordinary Shares (5555) Direct
Stock Option (right to buy) $8.82 2021-08-30 Ordinary Shares (5927) Direct
Stock Option (right to buy) $8.82 2021-08-30 Ordinary Shares (2362) Direct
Stock Option (right to buy) $9.99 2022-07-10 Ordinary Shares (11575) Direct
Restricted Stock Unit $0.00 Ordinary Shares (9000) Direct
Restricted Stock Unit $0.00 Ordinary Shares (5834) Direct
Restricted Stock Unit $0.00 Ordinary Shares (19688) Direct

Footnotes

F1: Of the total grant amount of 8,888 shares, such shares subject to the option vest monthly over four years beginning on August 1, 2009.

F2: Shares subject to the option vest monthly over four years beginning on August 1, 2010.

F3: Of the total grant amount of 17,777 shares, such shares subject to the option vest monthly over four years beginning on August 1, 2011.

F4: Of the total grant amount of 6,666 shares, such shares subject to the option vest monthly over four years beginning on August 1, 2011.

F5: Of the total grant amount of 22,222 shares, such shares subject to the option vest monthly over four years beginning on April 1, 2012.

F6: On August 27, 2013 the reporting person was granted RSUs convertible into between 0-9,000 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 9,000 Ordinary Shares to the reporting person.

F7: Each restricted stock unit represents a contingent right to receive one Ordinary Share. Of the total of 7,778 shares, the RSUs vest at the rate of 1/16 each three months following September 15, 2012.

F8: Each restricted stock unit represents a contingent right to receive one Ordinary Share. Of the total of 21,000 shares, the RSUs vest at the rate of 1/16 each three months following September 15, 2013.