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AMBARELLA INC — Director's Dealing 2016
Mar 10, 2016
31250_dirs_2016-03-09_45bd0887-9a00-4967-8060-7d3b3c159141.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: 2016-03-07
Reporting Person: Chen Yun-Lung (Vice President, Sales)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-07 | Restricted Stock Units | $ | A | 12356.0 | Acquired | 2026-03-06 | Ordinary Shares (12356) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
F2: On March 7, 2016 the reporting person was granted restricted stock units based on Issuer's determination of the satisfaction of certain performance goals for the fiscal year ended January 31, 2016. The performance criteria achieved resulted in the grant of restricted stock units for 12,356 Ordinary Shares to the reporting person.
F3: The restricted stock units vest at the rate of 1/14 per quarter beginning on March 15, 2016.