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

Signature
/s/ Eric Pyenson, Attorney-in-fact for Michael Ellenbogen
Issuer symbol
EVLV
Transactions as of
28 Dec 2023
Net transactions value
-$13,000
Form type
4
Filing time
29 Dec 2023, 16:56:06 UTC
Previous filing
28 Dec 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVLV Class A Common Stock Sale $13,000 -2,600 -0.13% $5.00 2,070,428 28 Dec 2023 Direct F1
holding EVLV Class A Common Stock 151,135 28 Dec 2023 Held by Family Horizon Trust
holding EVLV Class A Common Stock 2,259,987 28 Dec 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.