EICHLER KEVIN C 4

4 · AMBARELLA INC · Filed Mar 18, 2022

Form 4

Period: 2022-03-16

CFO

Transactions

Exercise/Conversion
Restricted Stock Units
2022-03-16−1,187→ 0 total
Exp: 2022-03-15→ Ordinary Shares (1,187 underlying)
Exercise/Conversion
Restricted Stock Units
2022-03-16−6,250→ 12,500 total
Exp: 2022-09-15→ Ordinary Shares (6,250 underlying)
Exercise/Conversion
Ordinary Shares
2022-03-16+37,628→ 90,700 total
Sale
Ordinary Shares
2022-03-16$91.20/sh−17,441$1,590,619→ 73,259 total
Exercise/Conversion
Performance Stock Units
2022-03-16−14,242→ 0 total
Exp: 2022-03-15→ Ordinary Shares (14,242 underlying)
Sale
Restricted Stock Units
2022-03-16−1,193→ 4,774 total
Exp: 2023-03-15→ Ordinary Shares (1,193 underlying)
Exercise/Conversion
Restricted Stock Units
2022-03-16−514→ 4,109 total
Exp: 2024-03-15→ Ordinary Shares (514 underlying)

Footnotes (7)

[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]On March 7, 2019, reporting person was granted a performance-based RSU award covering a target number of ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, the award would vest in full on March 15, 2022, subject to continued service requirements through such date. In addition, the number of shares subject to the award could be increased or decreased by up to 100% of the Target RSU Number, based on attainment of specified levels of the Company's total stockholder return over the period of February 1, 2019 through January 31, 2022 (the "TSR Period"). As a result of the Company's TSR performance over the TSR Period, the number of shares eligible to vest were increased by 100% of the Target RSU Number.
[F4]The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2019.
[F5]The RSUs vest as to 1/4 of the RSUs on September 15, 2019 and 1/16 of the RSUs will vest each three months thereafter such that the RSUs are 100% vested on September 15, 2022.
[F6]The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2020.
[F7]The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2021.

Documents

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