4//SEC Filing
Chen Yun-Lung 4
Accession 0001280263-23-000011
CIK 0001280263other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 4:53 PM ET
Size
13.8 KB
Accession
0001280263-23-000011
Insider Transaction Report
Form 4
AMBARELLA INCAMBA
Chen Yen-Lung
VP of Business Development
Transactions
- Exercise/Conversion
Ordinary Shares
2023-03-15+7,344→ 53,685 total - Exercise/Conversion
Performance Stock Units
2023-03-15−8,538→ 0 total→ Ordinary Shares (8,538 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-15−712→ 0 totalExp: 2023-03-15→ Ordinary Shares (712 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-15−294→ 1,174 totalExp: 2024-03-15→ Ordinary Shares (294 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-15−380→ 3,034 totalExp: 2025-03-15→ Ordinary Shares (380 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- [F2]On March 25, 2020, 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, 2023, 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, 2020 through January 31, 2023 (the "TSR Period"). As a result of the Company's TSR performance over the TSR Period, the number of shares eligible to vest was 69.78% of the Target RSU Number.
- [F3]The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2020.
- [F4]The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2021.
- [F5]The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2022.
Documents
Issuer
AMBARELLA INC
CIK 0001280263
Entity typeother
Related Parties
1- filerCIK 0001602676
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 4:53 PM ET
- Size
- 13.8 KB