Venkatesan Siddhartha 4
4 · Embark Technology, Inc. · Filed Sep 28, 2022
Insider Transaction Report
Form 4
Venkatesan Siddhartha
Chief Legal Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2022-08-05+27,966→ 67,117 total - Exercise/Conversion
Restricted Stock Units
2022-08-05−27,966→ 0 total→ Class A Common Stock (27,966 underlying)
Footnotes (4)
- [F1]Reflects the amount of shares beneficially held following a 20-for-1 stock split effected by the Issuer on August 16, 2022, which was exempt from reporting pursuant to Rule 16a-9.
- [F2]The reporting person has reported prior awards of restricted stock units in Table II of Form 4. As of the date of this filing, the total reported in Column 5 includes 43,347 restricted stock units previously reported in Table II.
- [F3]Each Restricted Stock Unit (the "RSU") represents a contingent right to receive a Class A Common Stock of the Issuer.
- [F4]The RSUs will vest with respect to 25% of the underlying shares on April 5, 2022, and the remaining will vest in 36 substantially equal monthly increments thereafter, subject to continued employment through each applicable vesting date. The RSUs have no expiration date.