4//SEC Filing
Laplante George 4
Accession 0001280263-18-000012
CIK 0001280263other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 5:29 PM ET
Size
6.1 KB
Accession
0001280263-18-000012
Insider Transaction Report
Form 4
AMBARELLA INCAMBA
Laplante George
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2018-02-26+9,019→ 9,019 total→ Ordinary Shares (9,019 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- [F2]On March 28, 2017, reporting person was granted an award of RSUs covering a target of 9,019 ordinary shares (the "Target RSU Number"), subject to satisfaction of predetermined, performance-based vesting criteria that could result in 0% to 150% of the Target RSU Number becoming eligible to vest, subject to certain adjustments as described below. On February 26, 2018, the Company's Board of Directors determined that the performance criteria for the RSUs had been satisfied at a level that resulted in 100% of the Target RSU Number becoming eligible for time-based vesting. Pursuant to the time-based vesting requirements, 100% of this portion of the award is scheduled to vest on March 15, 2020, subject to continued service requirements. In addition, the number of shares subject to the RSUs eligible to vest on March 15, 2020 may be increased or decreased by 25% or may remain the same, based on attainment of specified levels of the Company's total stockholder return.
Documents
Issuer
AMBARELLA INC
CIK 0001280263
Entity typeother
Related Parties
1- filerCIK 0001558646
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 5:29 PM ET
- Size
- 6.1 KB