Key facts
- This page summarizes Patricia Chiodo's Form 4 filing for Embark Technology, Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 04 Aug 2023, 18:11.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Disposed to Issuer
Additional SEC filing notes
Section 16 status
Patricia Chiodo is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote F1
Of the reported shares, 493 are represented by restricted stock units, or RSUs, of which 401 are vested. Pursuant to an Agreement and Plan of Merger, dated as of May 25, 2023 (the "Merger Agreement"), by and among the Issuer, Applied Intuition, Inc., and Azara Merger Sub, Inc., at the effective time of the merger, each share of Class A common stock was cancelled and automatically converted into the right to receive an amount equal to $2.88 in cash, without interest (the "Per Share Price") and each outstanding RSU was automatically cancelled and converted into the right to receive the Per Share Price, subject to the terms set forth in the Merger Agreement. The remaining 475 unvested RSUs were cancelled.