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

Role
Founder & Chief Innovation Ofc, Director
Signature
/s/ Eric Pyenson, Attorney-in-fact for Michael Ellenbogen
Stock symbol
EVLV
Transactions as of
Mar 1, 2023
Transactions value $
-$46,924
Form type
4
Date filed
3/3/2023, 04:17 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 +47.8K +1.67% $0.00 2.91M Mar 1, 2023 Direct
transaction EVLV Class A Common Stock Sale -$46.9K -16.1K -0.55% $2.92 2.89M Mar 2, 2023 Direct F1
holding EVLV Class A Common Stock 151K Mar 1, 2023 Held by Family Horizon Trust
holding EVLV Class A Common Stock 2.26M Mar 1, 2023 Held by E Ventures Trust

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.