Anthony John DeRosa - Mar 1, 2023 Form 4 Insider Report for Evolv Technologies Holdings, Inc. (EVLV)

Signature
/s/ Eric Pyenson, Attorney-in-fact for Anthony John DeRosa
Stock symbol
EVLV
Transactions as of
Mar 1, 2023
Transactions value $
-$65,928
Form type
4
Date filed
3/3/2023, 04:11 PM
Previous filing
Jan 9, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVLV Class A Common Stock Options Exercise $0 +59.7K +3466.2% $0.00 61.4K Mar 1, 2023 Direct
transaction EVLV Class A Common Stock Sale -$65.9K -22.6K -36.77% $2.92 38.8K Mar 2, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EVLV Restricted Stock Units Options Exercise $0 -59.7K -33.33% $0.00 119K Mar 1, 2023 Class A Common Stock 59.7K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in the Form 4 was effected solely with the intent to cover withholding taxes in connection with the vesting of RSUs.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock. The RSUs have no expiration date.
F3 The RSUs vest in three equal annual installments commencing on March 1, 2023.