Anil Chitkara - 01 Mar 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
Issuer symbol
EVLV
Transactions as of
01 Mar 2023
Net transactions value
-$41,607
Form type
4
Filing time
03 Mar 2023, 16:15:44 UTC
Previous filing
30 Jan 2023
Next filing
07 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVLV Class A Common Stock Options Exercise $0 +47,750 +4.3% $0.000000 1,145,722 01 Mar 2023 Direct
transaction EVLV Class A Common Stock Sale $41,607 -14,249 -1.2% $2.92 1,131,473 02 Mar 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 -47,750 -33% $0.000000 95,516 01 Mar 2023 Class A Common Stock 47,750 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.