Day Christopher 4
4 · AMBARELLA INC · Filed Mar 4, 2024
Insider Transaction Report
Form 4
AMBARELLA INCAMBA
Day Christopher
See Remarks
Transactions
- Award
Ordinary Shares
2024-02-29+7,284→ 23,268 total - Award
Performance Stock Units
2024-02-29+7,284→ 7,284 total→ Ordinary Shares (7,284 underlying)
Footnotes (3)
- [F1]The restricted stock units vest at the rate of 1/12 per quarter commencing on March 15, 2024.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Ambarella, Inc. Ordinary Shares.
- [F3]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, 2027, 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, 2024 through January 31, 2027.