Stephen Meyer Houghton - 07 Aug 2022 Form 4 Insider Report for Embark Technology, Inc.

Role
Chief Operating Officer
Signature
/s/Siddhartha Venkatesan, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
07 Aug 2022
Net transactions value
$0
Form type
4
Filing time
10 Aug 2022, 09:26:37 UTC
Previous filing
11 Jul 2022
Next filing
29 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMBK Class A Common Stock Options Exercise $0 +15,536 +7.7% $0.000000 217,510 07 Aug 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 -15,536 -2.9% $0.000000 528,241 07 Aug 2022 Class A Common Stock 15,536 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 RSUs will vest with respect to 25% of the underlying shares on June 7, 2022, and will vest with respect to the remaining shares 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