AMBARELLA INC — Director's Dealing 2020

Dec 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMBARELLA INC (AMBA)
CIK: 0001280263
Period of Report: 2020-12-16

Reporting Person: Kohn Leslie (Director, Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-16	Ordinary Shares	M	9739	—	Acquired	889020	Direct
2020-12-16	Ordinary Shares	S	4970	$90.25	Disposed	884050	Direct
2020-12-16	Ordinary Shares	S	12655	$89.7182	Disposed	871395	Direct
2020-12-16	Ordinary Shares	S	5545	$90.217	Disposed	865850	Direct
2020-12-16	Ordinary Shares	S	1400	$91.4961	Disposed	864450	Direct
2020-12-16	Ordinary Shares	S	400	$92.4875	Disposed	864050	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-16	Restricted Stock Units	$	M	4037	Disposed	2021-06-15	Ordinary Shares (4037)	Direct
2020-12-16	Restricted Stock Units	$	M	2967	Disposed	2022-03-15	Ordinary Shares (2967)	Direct
2020-12-16	Restricted Stock Units	$	M	2735	Disposed	2023-03-15	Ordinary Shares (2735)	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 units.

F3: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on March 19, 2020.

F4: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $89.03 to $90.02 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F5: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $90.03 to $90.65 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F6: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $91.20 to $91.74 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F7: The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $92.48 to $92.49 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F8: The restricted stock units vest at the rate of 1/12 per quarter commencing on June 15, 2018.

F9: The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2019.

F10: The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2020.