Accession Number: | 0001280263-19-000018 |
Date: | 2019-03-07 |
Issuer: | AMBARELLA INC (AMBA) |
Original Submission Date: |
EICHLER KEVIN C
3101 JAY STREET
SANTA CLARA, CA 95054
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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PERFORMANCE STOCK UNITS | 0.0 | 2019-03-07 | deemed execution date | A | 14,242 (a) | 2022-03-15 | ordinary shares 14,242 | $0.00 | 14,242 | direct | ||
RESTRICTED STOCK UNITS | 0.0 | 2019-03-07 | deemed execution date | A | 14,242 (a) | 2022-03-15 | ordinary shares 14,242 | $0.00 | 14,242 | direct |
ID | footnote |
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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 of 14,242 ordinary shares (the "target rsu number"). pursuant to time-based vesting requirements, 100% of this award is scheduled to vest on march 15, 2022, subject to continued service requirements through such date. in addition, the number of shares subject to the rsus may be increased or decreased by up to 100% of the target rsu number or may remain the same, based on attainment of specified levels of the company's total stockholder return over the period of february 1, 2019 through january 31, 2022. |
f3 | the restricted stock units vest at the rate of 1/12 per quarter commencing on march 15, 2019. |