Anil Chitkara - Mar 1, 2023 Form 4 Insider Report for Evolv Technologies Holdings, Inc. (EVLV)

Role
Founder & Chief Growth Officer
Signature
/s/ Eric Pyenson, Attorney-in-fact for Anil Chitkara
Stock symbol
EVLV
Transactions as of
Mar 1, 2023
Transactions value $
-$41,607
Form type
4
Date filed
3/3/2023, 04:15 PM
Previous filing
Jan 30, 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 +47.8K +4.35% $0.00 1.15M Mar 1, 2023 Direct
transaction EVLV Class A Common Stock Sale -$41.6K -14.2K -1.24% $2.92 1.13M 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 -47.8K -33.33% $0.00 95.5K Mar 1, 2023 Class A Common Stock 47.8K 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.