Anil Chitkara - 01 Apr 2024 Form 4 Insider Report for Evolv Technologies Holdings, Inc. (EVLV)

Signature
/s/ Eric Pyenson, Attorney-in-fact for Anil Chitkara
Issuer symbol
EVLV
Transactions as of
01 Apr 2024
Net transactions value
-$238,000
Form type
4
Filing time
02 Apr 2024, 16:31:11 UTC
Previous filing
06 Mar 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVLV Class A Common Stock Options Exercise $12,000 +50,000 +4.2% $0.2400 1,250,157 01 Apr 2024 Direct
transaction EVLV Class A Common Stock Sale $250,000 -50,000 -4% $5.00 1,200,157 01 Apr 2024 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 -50,000 -4.5% $0.000000 1,059,078 01 Apr 2024 Class A Common Stock 50,000 $0.2400 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:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on December 15, 2023.
F2 The option is fully vested and exercisable.