Sec Form 4/A Filing - GOLDMAN SACHS GROUP INC @ AMBARELLA INC - 2020-03-25-04:00

Insider filing report for Changes in Beneficial Ownership
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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
GOLDMAN SACHS GROUP INC
2. Issuer Name and Ticker or Trading Symbol
AMBARELLA INC [ AMBA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
200 WEST STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/25-04:00/2020
(Street)
NEW YORK, NY10282
4. If Amendment, Date Original Filed (MM/DD/YY)
04/07-04:00/2020
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Equity Swap ( 1 ) ( 2 ) ( 3 ) ( 4 ) ( 3 ) 03/25-04:00/2020 S 66 ( 3 ) 02/23-05:00/2023 Common Shares 66 ( 3 ) 66 ( 3 ) I Through Subsidiary ( 5 )
Equity Swap ( 1 ) ( 2 ) ( 4 ) ( 6 ) ( 6 ) 03/25-04:00/2020 S 430 ( 6 ) 02/23-05:00/2023 Common Shares 430 ( 6 ) 430 ( 6 ) I Through Subsidiary ( 5 )
Equity Swap ( 1 ) ( 2 ) ( 4 ) ( 7 ) ( 7 ) 03/25-04:00/2020 S 37 ( 7 ) 03/25-04:00/2030 Common Shares 37 ( 7 ) 37 ( 7 ) I Through Subsidiary ( 5 )
Equity Swap ( 1 ) ( 2 ) ( 4 ) ( 8 ) ( 8 ) 03/26-04:00/2020 S 900 ( 8 ) 03/20-04:00/2030 Common Shares 900 ( 8 ) 900 ( 8 ) I Through Subsidiary ( 5 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GOLDMAN SACHS GROUP INC
200 WEST STREET
NEW YORK, NY10282
X
GOLDMAN SACHS & CO. LLC
200 WEST STREET
NEW YORK, NY10282
X
Signatures
/s/ Jamison Yardley, Attorney-in-fact 06/12-04:00/2020
Signature of Reporting Person Date
/s/ Jamison Yardley, Attorney-in-fact 06/12-04:00/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The amount of profit recoverable by the Issuer from the reported transactions will be remitted to the Issuer.
( 2 )This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC. ("Goldman Sachs" and, together with GS Group, the "Reporting Persons"). Goldman Sachs is a wholly-owned subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein. On March 27, 2020, the Reporting Persons ceased to be a greater than 10% beneficial owner of the Issuer's Common Shares.
( 3 )Goldman Sachs entered into an equity swap agreement which, upon the termination of the agreement on 2/23/2023, Goldman Sachs will pay to the counterparty any increase in the price of the Common Shares above $46.98 per share and the counterparty will pay to Goldman Sachs any decrease in the price of the Common Shares below $46.98 per share, in each case, based on a notional amount of 66 Common Shares and any additional costs and charges including any payments with respect to financial dividends.
( 4 )These equity swaps were omitted from the Reporting Persons' original Form 4 filed.
( 5 )GS Group may be deemed to beneficially own indirectly the Common Shares by reason of Goldman Sachs' direct beneficial ownership.
( 6 )Goldman Sachs entered into an equity swap agreement which, upon the termination of the agreement on 2/23/2023, Goldman Sachs will pay to the counterparty any increase in the price of the Common Shares above $46.97 per share and the counterparty will pay to Goldman Sachs any decrease in the price of the Common Shares below $46.97 per share, in each case, based on a notional amount of 430 Common Shares and any additional costs and charges including any payments with respect to financial dividends.
( 7 )Goldman Sachs entered into an equity swap agreement which, upon the termination of the agreement on 3/25/2030, Goldman Sachs will pay to the counterparty any increase in the price of the Common Shares above $44.80 per share and the counterparty will pay to Goldman Sachs any decrease in the price of the Common Shares below $44.80 per share, in each case, based on a notional amount of 37 Common Shares and any additional costs and charges including any payments with respect to financial dividends.
( 8 )Goldman Sachs entered into an equity swap agreement which, upon the termination of the agreement on 3/20/2030, Goldman Sachs will pay to the counterparty any increase in the price of the Common Shares above $49.38 per share and the counterparty will pay to Goldman Sachs any decrease in the price of the Common Shares below $49.38 per share, in each case, based on a notional amount of 900 Common Shares and any additional costs and charges including any payments with respect to financial dividends.

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