Michael Ellenbogen - Dec 28, 2023 Form 4 Insider Report for Evolv Technologies Holdings, Inc. (EVLV)

Signature
/s/ Eric Pyenson, Attorney-in-fact for Michael Ellenbogen
Stock symbol
EVLV
Transactions as of
Dec 28, 2023
Transactions value $
-$13,000
Form type
4
Date filed
12/29/2023, 04:56 PM
Previous filing
Dec 28, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVLV Class A Common Stock Sale -$13K -2.6K -0.13% $5.00 2.07M Dec 28, 2023 Direct F1
holding EVLV Class A Common Stock 151K Dec 28, 2023 Held by Family Horizon Trust
holding EVLV Class A Common Stock 2.26M Dec 28, 2023 Held by E Ventures Trust
* 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:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on December 16, 2022.