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AMBARELLA INC — Director's Dealing 2021
Sep 15, 2021
31250_dirs_2021-09-14_e9a9adcb-9589-4c46-aaf1-cfe4b1ecc47e.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: 2021-09-01
Reporting Person: Ju Chi-Hong (Sr. Vice President, Systems)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 132665 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $38.92 | 2024-09-07 | Ordinary Shares (8900) | Direct | |
| Performance Stock Units | $ | 2022-03-15 | Ordinary Shares (14259) | Direct | |
| Performance Stock Units | $ | 2023-03-15 | Ordinary Shares (14338) | Direct | |
| Performance Stock Units | $ | 2024-03-15 | Ordinary Shares (6163) | Direct | |
| Restricted Stock Units | $ | 2022-03-15 | Ordinary Shares (3565) | Direct | |
| Restricted Stock Units | $ | 2023-03-15 | Ordinary Shares (8364) | Direct | |
| Restricted Stock Units | $ | 2024-03-15 | Ordinary Shares (5650) | Direct |
Footnotes
F1: Shares subject to the option vest monthly over four years commencing on September 8, 2014.
F2: Reporting person was granted an award of performance-based RSUs covering a target of 14,259 ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, 100% of this award is scheduled to vest on March 15, 2022, subject to continued service requirements through such date. In addition, the number of shares subject to the RSUs may be increased or decreased by up to 100% of the Target RSU Number or may remain the same, based on attainment of specified levels of the Company's total stockholder return over the period of February 1, 2019 through January 31, 2022.
F3: Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
F4: Reporting person was granted an award of performance-based RSUs covering a target of 14,338 ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, 100% of this award is scheduled to vest on March 15, 2023, subject to continued service requirements through such date. In addition, the number of shares subject to the RSUs may be increased or decreased by up to 100% of the Target RSU Number or may remain the same, based on attainment of specified levels of the Company's total stockholder return over the period of February 1, 2020 through January 31, 2023.
F5: Reporting person was granted an award of performance-based RSUs covering a target of 6,163 ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, 100% of this award is scheduled to vest on March 15, 2024, subject to continued service requirements through such date. In addition, the number of shares subject to the RSUs may be increased or decreased by up to 100% of the Target RSU Number or may remain the same, based on attainment of specified levels of the Company's total stockholder return over the period of February 1, 2021 through January 31, 2024.
F6: The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2019.
F7: The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2020.
F8: The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2021.