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

Role: Director
Signature: /s/ Siddhartha Venkatesan, Attorney-in-Fact for Patricia Chiodo
Issuer symbol: N/A
Transactions as of: 07 Jul 2022
Net transactions value: $0
Form type: 4
Filing time: 12 Jul 2022, 16:31:50 UTC
Previous filing: 29 Sep 2022
Next filing: 10 Aug 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	+367	+11%	$0.000000	3,651	07 Jul 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	-2.6%	$0.000000	13,871	07 Jul 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.