Patricia Chiodo - 02 Aug 2023 Form 4 Insider Report for Embark Technology, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Aug 2023, 18:11:02 UTC
Prior SEC filing
10 Aug 2022
Next SEC filing
28 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Siddhartha Venkatesan, attorney-in-fact

Key filing fact

Patricia Chiodo filed Form 4 for Embark Technology, Inc. on 04 Aug 2023.

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.

Change

  • Previous filing in this sequence was filed on 10 Aug 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EMBK transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-10,760
Change %
-100%
Price
Shares after
0
Date
02 Aug 2023
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

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.

Explanation of responses 1 footnote

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.

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