Ambiq CTO exercises options, sells 10,200 shares
Ambiq Micro Chief Technology Officer Hanson Scott McLean reported a mix of option exercises and share sales.
Rhea-AI Filing Summary
Ambiq Micro Chief Technology Officer Hanson Scott McLean reported a mix of option exercises and share sales. On May 14, he exercised stock options at $8.12 per share for 10,200 shares of common stock, then sold a total of 10,200 common shares in several open-market trades at weighted average prices between $68.6234 and $70.50 per share. On May 15, he exercised additional options for 8,100 shares at the same $8.12 exercise price. Following these transactions, he directly holds 211,226 shares of common stock and 69,279 stock options, with the reported option grant vesting monthly after an initial vesting on August 16, 2019 and expiring on October 1, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Hanson Scott McLean
Role
Chief Technology Officer
Sold
10,200 shs ($706K)
Approx. gross sale proceeds
$706K
Approx. exercise cost
$149K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 8,100 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,100 | $8.12 | $66K |
| Exercise | Stock Option (Right to Buy) | 10,200 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,200 | $8.12 | $83K |
| Sale | Common Stock | 3,900 | $68.6234 | $268K |
| Sale | Common Stock | 6,100 | $69.5936 | $425K |
| Sale | Common Stock | 200 | $70.50 | $14K |
Holdings After Transaction:
Stock Option (Right to Buy) — 69,279 contracts (Direct);
Common Stock — 211,226 shares (Direct)
Footnotes (3)
- F1. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $68.22 to $69.01 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $69.295 to $70.24 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. 1/4 of the shares subject to the option vested on August 16, 2019, and 1/48 of the shares subject to the option vested in equal monthly installments thereafter, subject to the Reporting Person's continued service.
Key Figures
Options exercised: 18,300 shares
Exercise price: $8.12 per share
Shares sold: 10,200 shares
+3 more
6 metrics
Options exercised
18,300 shares
Total stock options exercised at $8.12 per share on May 14–15
Exercise price
$8.12 per share
Strike price for exercised stock options
Shares sold
10,200 shares
Common stock sold in open-market transactions on May 14
Sale prices
$68.6234–$70.50
Weighted average prices per share for open-market sales
Common shares held
211,226 shares
Direct common stock ownership following transactions
Options remaining
69,279 options
Stock options remaining after exercises, expiring October 1, 2028
Key Terms
weighted average sale price, Stock Option (Right to Buy), open-market sale, Exercise or conversion of derivative security, +1 more
5 terms
weighted average sale price financial
"The reported price in Column 4 is a weighted average sale price."
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
vested in equal monthly installments financial
"and 1/48 of the shares subject to the option vested in equal monthly installments thereafter"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AMBQ CTO Hanson Scott McLean report?
Hanson Scott McLean reported exercising stock options and selling common shares. He exercised 18,300 options at $8.12 per share and sold 10,200 common shares in open-market trades at weighted average prices between $68.6234 and $70.50.
At what price did AMBQ’s CTO exercise his stock options?
He exercised his stock options at an exercise price of $8.12 per share. The Form 4 shows two option exercises totaling 18,300 shares of common stock at this strike price, converting derivative positions into directly held shares.
What are Hanson Scott McLean’s holdings after these AMBQ transactions?
After the reported transactions, he directly holds 211,226 shares of Ambiq Micro common stock. He also holds 69,279 stock options, which represent rights to acquire additional common shares under the company’s equity compensation arrangements.
When do the reported Ambiq Micro (AMBQ) stock options expire?
The stock options involved in these transactions expire on October 1, 2028. A footnote explains that one-quarter vested on August 16, 2019, with the remaining shares vesting in equal monthly installments thereafter, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
