Home/Filings/4/0001209191-23-044672
4//SEC Filing

HERSCHER PENNY 4

Accession 0001209191-23-044672

CIK 0001827980other

Filed

Aug 3, 8:00 PM ET

Accepted

Aug 4, 6:14 PM ET

Size

5.3 KB

Accession

0001209191-23-044672

Insider Transaction Report

Form 4
Period: 2023-08-02
Transactions
  • Disposition to Issuer

    Class A Common Stock

    2023-08-0226,8040 total
Footnotes (1)
  • [F1]The shares are represented by previously reported RSUs. Pursuant to the Issuer's Non-Employee Director Compensation Policy, any unvested RSUs accelerated and vested in full immediately prior to the effective time of the merger (the "Effective Time") contemplated by the 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, each outstanding RSU was automatically cancelled and converted into the right to receive an amount equal to $2.88 in cash, subject to the terms set forth in the Merger Agreement.

Issuer

Embark Technology, Inc.

CIK 0001827980

Entity typeother

Related Parties

1
  • filerCIK 0001232019

Filing Metadata

Form type
4
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 6:14 PM ET
Size
5.3 KB