AMBARELLA INC|4Mar 17, 4:53 PM ET

Chen Yun-Lung 4

4 · AMBARELLA INC · Filed Mar 17, 2023

Form 4

Period: 2023-03-15

VP, Business Development and M

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 total
Exp: 2023-03-15→ Ordinary Shares (712 underlying)
Exercise/Conversion
Restricted Stock Units
2023-03-15−294→ 1,174 total
Exp: 2024-03-15→ Ordinary Shares (294 underlying)
Exercise/Conversion
Restricted Stock Units
2023-03-15−380→ 3,034 total
Exp: 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

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