Stephen Meyer Houghton - Jan 27, 2022 Form 3 Insider Report for Embark Technology, Inc. (EMBK)

Signature
/s/ Siddhartha Venkatesan, Attorney-in-Fact for Stephen Meyer Houghton
Stock symbol
EMBK
Transactions as of
Jan 27, 2022
Transactions value $
$0
Form type
3
Date filed
2/8/2022, 04:05 PM
Next filing
Jun 29, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding EMBK Restricted Stock Units Jan 27, 2022 Class A Common Stock 746K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSUs will vest with respect to 25% of the underlying shares on June 7, 2022, and with respect to the rest of the units in 36 monthly increments thereafter, subject to continued employment through each applicable vesting date. RSUs have no expiration date.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive a Class A Common Stock of the Issuer.

Remarks:

Exhibit 24 - Power of Attorney.