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Signature
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/s/ Eric Pyenson, Attorney-in-fact for Anil Chitkara
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Stock symbol
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EVLV
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Transactions as of
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May 11, 2023
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Transactions value $
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-$238,000
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Form type
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4
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Date filed
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5/15/2023, 05:03 PM
Transactions Table
| Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
| transaction |
EVLV |
Class A Common Stock |
Options Exercise |
$12K |
+50K |
+4.42% |
$0.24 |
1.18M |
May 11, 2023 |
Direct |
|
| transaction |
EVLV |
Class A Common Stock |
Sale |
-$250K |
-50K |
-4.23% |
$5.00 |
1.13M |
May 11, 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 |
Stock Option (Right to Buy) |
Options Exercise |
$0 |
-50K |
-4.31% |
$0.00 |
1.11M |
May 11, 2023 |
Class A Common Stock |
50K |
$0.24 |
Direct |
F2 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Explanation of Responses: