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

Role: Chief Operating Officer
Signature: /s/ Siddhartha Venkatesan, Attorney-in-Fact for Stephen Meyer Houghton
Issuer symbol: N/A
Transactions as of: 07 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 29 Jun 2022, 16:12:48 UTC
Previous filing: 08 Feb 2022
Next filing: 11 Jul 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	+186,437		$0.000000	186,437	07 Jun 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	-186,437	-25%	$0.000000	559,314	07 Jun 2022	Class A Common Stock	186,437		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("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. RSUs have no expiration date.