Elaine L. Chao - 02 Aug 2023 Form 4 Insider Report for Embark Technology, Inc. (EMBK)

Role
Director
Signature
/s/ Siddhartha Venkatesan, attorney-in-fact
Issuer symbol
EMBK
Transactions as of
02 Aug 2023
Transactions value $
$0
Form type
4
Filing time
04 Aug 2023, 18:07:18 UTC
Previous filing
20 Jul 2023
Next filing
05 Sep 2023
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 Disposed to Issuer -9.88K -100% 0 02 Aug 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Elaine L. Chao is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
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.