Chen Yun-Lung 4
4 · AMBARELLA INC · Filed Apr 5, 2023
Insider Transaction Report
Form 4
AMBARELLA INCAMBA
Chen Yun-Lung
VP, Business Development and M
Transactions
- Award
Performance Stock Units
2023-04-03+4,651→ 4,651 totalExp: 2026-03-15→ Ordinary Shares (4,651 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- [F2]Reporting person was granted an award of performance-based RSUs covering a target number of ordinary shares (the "Target RSU Number"). Pursuant to time-based vesting requirements, 100% of the Target RSU Number is scheduled to vest on March 15, 2026, subject to continued service requirements through such date. In addition, the number of shares subject to the RSUs may be decreased by up to 100% or increased by up to 150% of the Target RSU Number or may remain the same, based on the Company's total shareholder return and revenue growth rate over the period of February 1, 2023 through January 31, 2026.