Key facts
- This page summarizes SC US (TTGP), LTD.'s Form 4 filing for Embark Technology, Inc..
- 7 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 04 Aug 2023, 21:54.
SC US (TTGP), LTD. - 02 Aug 2023 Form 4 Insider Report for Embark Technology, Inc.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 02 Aug 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 04 Aug 2023, 21:54:43 UTC
- Prior SEC filing
- 08 Jun 2023
- Next SEC filing
- 09 Aug 2023
- Source filing
- View source filing
- Reporting owner signature
- By: /s/ Jung Yeon Son, by power of attorney for Douglas Leone, a Director of SC US (TTGP), Ltd.
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
SC US (TTGP), LTD. filed Form 4 for Embark Technology, Inc. on 04 Aug 2023.
Change
- Previous filing in this sequence was filed on 08 Jun 2023.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
EMBK
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -933,966
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Aug 2023
- Ownership
- Sequoia Capital U.S. Growth Fund VII, L.P.
- Footnotes
- F1, F2, F3
EMBK
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -55,342
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Aug 2023
- Ownership
- Sequoia Capital U.S. Growth VII Principals Fund, L.P.
- Footnotes
- F1, F2, F3
EMBK
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -1,281,580
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Aug 2023
- Ownership
- Sequoia Capital U.S. Venture Fund XV, L.P.
- Footnotes
- F1, F2, F3
EMBK
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -77,130
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Aug 2023
- Ownership
- Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.
- Footnotes
- F1, F2, F3
EMBK
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -27,704
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Aug 2023
- Ownership
- Sequoia Capital U.S. Venture Partners Fund XV, L.P.
- Footnotes
- F1, F2, F3
EMBK
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -281,482
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Aug 2023
- Ownership
- Sequoia Capital U.S. Venture XV Principals Fund, L.P.(
- Footnotes
- F1, F2, F3
EMBK
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- -226,414
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 02 Aug 2023
- Ownership
- Sequoia Grove II, LLC
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
SC US (TTGP), LTD. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Pursuant to an Agreement and Plan of Merger, dated as of May 25, 2023, 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.
Footnote F2
SC US (TTGP), Ltd. is (i) the general partner of SC U.S. Growth VII Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund VII, L.P. and Sequoia Capital U.S. Growth VII Principals Fund, L.P. ("the GFVII Funds"), and (ii) the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P., Sequoia Capital U.S. Venture XV Principals Fund, L.P. and Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P. ("the SC XV Funds").
Footnote F3
(Continued from Footnote 2) Each of SC US (TTGP), Ltd., SC U.S. Growth VII Management, L.P. and SC U.S. Venture XV Management, L.P. disclaims beneficial ownership of the shares held by GFVII Funds, and the SC XV Funds, as applicable, except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Footnote F4
Sequoia Grove Manager, LLC is the manager of Sequoia Grove II, LLC. As a result, Sequoia Grove Manager, LLC may be deemed to share beneficial ownership with respect to the shares held by Sequoia Grove II, LLC. Sequoia Grove Manager, LLC disclaims beneficial ownership of the shares held by Sequoia Grove II, LLC except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purpose.
SEC remarks
Form 2 of 2