Home/Filings/4/0001209191-23-044674
4//SEC Filing

Robertson Ian 4

Accession 0001209191-23-044674

CIK 0001827980other

Filed

Aug 3, 8:00 PM ET

Accepted

Aug 4, 6:17 PM ET

Size

9.8 KB

Accession

0001209191-23-044674

Insider Transaction Report

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

    Class A Common Stock

    2023-08-029,8840 total
  • Disposition to Issuer

    Class A Common Stock

    2023-08-028,2260 total(indirect: By Techno Whiz Kid Inc.)
  • Disposition to Issuer

    Warrants

    2023-08-026,9910 total(indirect: By Techno Whiz Kid Inc.)
    Exercise: $230.00From: 2021-12-31Exp: 2026-11-10Class A Common Stock (6,991 underlying)
Footnotes (2)
  • [F1]Pursuant to an 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 of the merger (the "Effective Time"), 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 (the "Per Share Price").
  • [F2]Pursuant to the Merger Agreement and the Warrant Agreement, dated January 12, 2021, as amended, between the Issuer and Continental Stock Transfer Trust Company, at the Effective Time, each outstanding and unexercised warrant was automatically cancelled and converted into the right to receive an amount in cash equal to (1) the total number of shares of Common Stock underlying such Warrant multiplied by (2) the excess, if any, of the Per Share Price over the Warrant Price (as defined in the Warrant Agreement), without interest and subject to applicable withholding taxes. The consideration per Company Warrant was determined to equal $0.0091 in cash.

Issuer

Embark Technology, Inc.

CIK 0001827980

Entity typeother

Related Parties

1
  • filerCIK 0001821310

Filing Metadata

Form type
4
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 6:17 PM ET
Size
9.8 KB