PENNY HERSCHER - 07 Sep 2022 Form 4 Insider Report for Embark Technology, Inc. (EMBK)

Role
Director
Signature
/s/ Siddhartha Venkatesan, Attorney-in-Fact for Penelope Herscher
Issuer symbol
EMBK
Transactions as of
07 Sep 2022
Net transactions value
$0
Form type
4
Filing time
29 Sep 2022, 16:18:47 UTC
Previous filing
22 Nov 2021
Next filing
05 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMBK Class A Common Stock Award $0 +19,358 $0.000000 19,358 07 Sep 2022 Direct F1
transaction EMBK Class A Common Stock Award $0 +7,446 +38% $0.000000 26,804 07 Sep 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an award of restricted stock units ("RSUs"), which will vest in 48 substantially equal monthly installments beginning on October 7, 2022. Each RSU represents a contingent right to receive one share of Class A Common Stock.
F2 Reflects an award of RSUs, which will vest in nine substantially equal monthly installments beginning on October 7, 2022. Each RSU represents a contingent right to receive one share of Class A Common Stock.