Home/Filings/4/0001280263-23-000011
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
Period: 2023-03-15
Chen Yen-Lung
VP of Business Development
Transactions
  • Exercise/Conversion

    Ordinary Shares

    2023-03-15+7,34453,685 total
  • Exercise/Conversion

    Performance Stock Units

    2023-03-158,5380 total
    Ordinary Shares (8,538 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2023-03-157120 total
    Exp: 2023-03-15Ordinary Shares (712 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2023-03-152941,174 total
    Exp: 2024-03-15Ordinary Shares (294 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2023-03-153803,034 total
    Exp: 2025-03-15Ordinary 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.

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