Sc Us (Ttgp), Ltd. - Nov 10, 2021 Form 3 Insider Report for Embark Technology, Inc. (EMBK)

Role
10%+ Owner
Signature
By: /s/ Jung Yeon Son, by power of attorney for Douglas Leone, a Director of SC US (TTGP), Ltd.
Stock symbol
EMBK
Transactions as of
Nov 10, 2021
Transactions value $
$0
Form type
3
Date filed
11/19/2021, 03:59 PM
Previous filing
Nov 2, 2021
Next filing
Nov 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EMBK Class A Common Stock 18.7M Nov 10, 2021 Sequoia Capital U.S. Growth Fund VII, L.P. F1, F2
holding EMBK Class A Common Stock 1.11M Nov 10, 2021 Sequoia Capital U.S. Growth VII Principals Fund, L.P. F1, F2
holding EMBK Class A Common Stock 25.6M Nov 10, 2021 Sequoia Capital U.S. Venture Fund XV, L.P. F1, F2
holding EMBK Class A Common Stock 1.54M Nov 10, 2021 Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P. F1, F2
holding EMBK Class A Common Stock 554K Nov 10, 2021 Sequoia Capital U.S. Venture Partners Fund XV, L.P. F1, F2
holding EMBK Class A Common Stock 5.63M Nov 10, 2021 Sequoia Capital U.S. Venture XV Principals Fund, L.P. F1, F2
holding EMBK Class A Common Stock 4.53M Nov 10, 2021 Sequoia Grove II, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VII, L.P. and Sequoia Capital U.S. Growth VII Principals Fund, L.P. ("the GFVII Funds"), and (ii) the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P., Sequoia Capital U.S. Venture XV Principals Fund, L.P. and Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P. ("the SC XV Funds").
F2 (Continued from Footnote 2) Each of SC US (TTGP), Ltd., SC U.S. Growth VII Management, L.P. and SC U.S. Venture XV Management, L.P. disclaims beneficial ownership of the shares held by GFVII Funds, and the SC XV Funds, as applicable, except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F3 Sequoia Grove Manager, LLC is the manager of Sequoia Grove II, LLC. As a result, Sequoia Grove Manager, LLC may be deemed to share beneficial ownership with respect to the shares held by Sequoia Grove II, LLC. Sequoia Grove Manager, LLC disclaims beneficial ownership of the shares held by Sequoia Grove II, LLC except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.

Remarks:

Form 2 of 2