Patricia Chiodo - 07 Aug 2022 Form 4 Insider Report for Embark Technology, Inc.

Role
Director
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, 09:27:42 UTC
Previous filing
12 Jul 2022
Next filing
04 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMBK Class A Common Stock Options Exercise $0 +364 +10% $0.000000 4,015 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 -364 -2.6% $0.000000 13,507 07 Aug 2022 Class A Common Stock 364 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 1/16 of the underlying shares on December 7, 2021, and the remaining will vest in 45 substantially equal monthly installments thereafter, subject to continued employment through each applicable vesting date.
F3 No expiration date for this type of award