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AMBARELLA INC — Director's Dealing 2015
Dec 18, 2015
31250_dirs_2015-12-18_8f110348-6400-4035-b2ab-2b106f513968.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: 2015-12-16
Reporting Person: Day Christopher (VP, Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-12-16 | Ordinary Shares | M | 3548.0 | — | Acquired | 16108 | Direct |
| 2015-12-16 | Ordinary Shares | S | 2041.0 | $56.97 | Disposed | 14067 | Direct |
| 2015-12-17 | Ordinary Shares | S | 776.0 | $58.5 | Disposed | 13291 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-12-16 | Restricted Stock Units | $ | M | 556.0 | Disposed | 2022-08-27 | Ordinary Shares (556) | Direct |
| 2015-12-16 | Restricted Stock Units | $ | M | 937.0 | Disposed | 2023-08-26 | Ordinary Shares (937) | Direct |
| 2015-12-16 | Restricted Stock Units | $ | M | 1093.0 | Disposed | 2023-08-27 | Ordinary Shares (1093) | Direct |
| 2015-12-16 | Restricted Stock Units | $ | M | 962.0 | Disposed | 2024-09-07 | Ordinary Shares (962) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
F2: Shares sold to pay tax obligations resulting from the vesting of restricted stock award and restricted stock units.
F3: The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2012.
F4: On August 27, 2013 the reporting person was granted RSUs convertible into 7,500 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.
F5: 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.
F6: The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2013.
F7: The restricted stock units vest at the rate of 1/16 per quarter beginning on September 15, 2014.