Patricia Chiodo - Jul 7, 2022 Form 4 Insider Report for Embark Technology, Inc. (EMBK)

Role
Director
Signature
/s/ Siddhartha Venkatesan, Attorney-in-Fact for Patricia Chiodo
Stock symbol
EMBK
Transactions as of
Jul 7, 2022
Transactions value $
$0
Form type
4
Date filed
7/12/2022, 04:31 PM
Previous filing
Sep 29, 2022
Next filing
Aug 10, 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 +367 +11.18% $0.00 3.65K Jul 7, 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 -367 -2.58% $0.00 13.9K Jul 7, 2022 Class A Common Stock 367 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 (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. The RSUs have no expiration date.