Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EVLV | Class A Common Stock | Award | +633K | 633K | Jul 16, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EVLV | Stock Option | Award | +1.44M | 1.44M | Jul 16, 2021 | Class A Common Stock | 1.44M | $0.40 | Direct | F1, F2 | |||
transaction | EVLV | Stock Option | Award | +2.97M | 2.97M | Jul 16, 2021 | Class A Common Stock | 2.97M | $0.42 | Direct | F1, F3 | |||
transaction | EVLV | Stock Option | Award | +560K | 560K | Jul 16, 2021 | Class A Common Stock | 560K | $0.42 | Direct | F1, F4 | |||
transaction | EVLV | Stock Option | Award | +14.2K | 14.2K | Jul 16, 2021 | Class A Common Stock | 14.2K | $0.42 | Direct | F1, F5 | |||
transaction | EVLV | Performance Rights | Award | +654K | 654K | Jul 16, 2021 | Class A Common Stock | 654K | Direct | F1, F6 |
Id | Content |
---|---|
F1 | The Reporting Person acquired these securities on July 16, 2021 as consideration and in exchange for the Reporting Person's holdings in Evolv Technologies, Inc. ("Old Evolv") pursuant to an Agreement and Plan of Merger dated March 5, 2021, by and among Old Evolv, NewHold Investments Corp. (the predecessor to Issuer) and NHIC Sub Inc., as amended by that certain First Amendment to Agreement and Plan of Merger dated June 5, 2021 (as so amended, the "Merger Agreement"). |
F2 | The option vests and becomes exercisable as to 25% of the shares on February 11, 2020 and in 36 equal monthly installments thereafter. |
F3 | The option vests and becomes exercisable as to 25% of the shares on January 1, 2021 and in 36 equal monthly installments thereafter. |
F4 | The option is fully vested. |
F5 | The option vests and becomes exercisable as to 25% of the shares on June 3, 2021 and in 36 equal monthly installments thereafter. |
F6 | Each performance right represents a contingent right to receive one share of the Issuer's Class A common stock. Pursuant to an "Earn Out" provision in the Merger Agreement, the performance rights vest upon the Issuer's Class A Common stock achieving a specified price per share as follows: (i) 1/3 of the shares shall be issued if the closing sale price of Class A common stock equals or exceeds $12.50 per share for any period of 20 trading days out of 30 consecutive trading days prior to March 5, 2026; (ii) 1/3 of the shares shall be issued if the closing sale price of Class A common stock equals or exceeds $15.00 per share for any period of 20 trading days out of 30 consecutive trading days prior to March 5, 2026; and (iii) 1/3 of the shares shall be issued if the closing sale price of Class A common stock equals or exceeds $17.50 per share for any period of 20 trading days out of 30 consecutive trading days prior to March 5, 2026. |