Michael Ellenbogen - Mar 3, 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 3, 2023
Transactions value $
$0
Form type
4
Date filed
3/7/2023, 03:28 PM
Previous filing
Mar 3, 2023
Next filing
May 10, 2023

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 Award $0 +200K $0.00 200K Mar 3, 2023 Class A Common Stock 200K Direct F1, F2
transaction EVLV Stock Option (Right to Buy) Award $0 +266K $0.00 266K Mar 3, 2023 Class A Common Stock 266K $3.12 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The RSUs vest in three equal annual installments commencing on March 1, 2024.
F3 The stock option vests and becomes exercisable as to one sixteenth of the underlying shares on June 1, 2023 and in 15 equal quarterly installments thereafter.