Richard Hawwa - Aug 1, 2022 Form 4 Insider Report for Embark Technology, Inc. (EMBK)

Role
Chief Financial Officer
Signature
/s/Siddhartha Venkatesan, Attorney-in-Fact
Stock symbol
EMBK
Transactions as of
Aug 1, 2022
Transactions value $
$0
Form type
4
Date filed
8/5/2022, 03:41 PM
Previous filing
Jul 6, 2022
Next filing
Sep 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMBK Class A Common Stock Options Exercise $0 +93.2K +7.14% $0.00 1.4M Aug 1, 2022 Direct

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
transaction EMBK Restricted Stock Units Options Exercise $0 -93.2K -2.94% $0.00 3.08M Aug 1, 2022 Class A Common Stock 93.2K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (the "RSU") represents a contingent right to receive one share of Class A Common Stock
F2 The RSUs will vest with respect to 25% of the underlying shares on May 1, 2022, and the remaining will vest in 36 substantially equal monthly installments thereafter, subject to continued employment through each applicable vesting date.
F3 No expiration date for this type of award