Key facts
- This page summarizes Finback Evolv, LLC's Form 3 filing for Evolv Technologies Holdings, Inc. (EVLV).
- 0 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 26 Jul 2021, 15:37.
Finback Evolv, LLC - 16 Jul 2021 Form 3 Insider Report for Evolv Technologies Holdings, Inc. (EVLV)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- EVLV
- Reported as of
- 16 Jul 2021
- Net transaction value
- $0
- Reporting owner signature
- Finback Evolv, LLC by /s/ George Huber, Manager
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Finback Evolv, LLC filed Form 3 for Evolv Technologies Holdings, Inc. (EVLV) on 26 Jul 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
EVLV
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 11,175,821
- Date
- 16 Jul 2021
- Ownership
- See Footnote
- Footnotes
- F1, F3
EVLV
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 126,136
- Date
- 16 Jul 2021
- Ownership
- See Footnote
- Footnotes
- F2, F4
EVLV
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,708,603
- Date
- 16 Jul 2021
- Ownership
- See Footnote
- Footnotes
- F2, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
EVLV
holding
Derivative
Performance Rights
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 16 Jul 2021
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,351,556
- Exercise price
- Footnotes
- F3, F6
EVLV
holding
Derivative
Performance Rights
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 16 Jul 2021
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 295,664
- Exercise price
- Footnotes
- F4, F6
EVLV
holding
Derivative
Performance Rights
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 16 Jul 2021
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 164,364
- Exercise price
- Footnotes
- F5, F6
EVLV
holding
Derivative
Class A Common Warrant
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 16 Jul 2021
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,421,199
- Exercise price
- $0.4200
- Footnotes
- F4, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
The Reporting Person acquired a portion of these securities on July 16, 2021 as consideration and in exchange for the Reporting Person's holdings in Evolv Technologies, Inc. ("Old Evolv") pursuant to an Agreement and Plan of Merger dated March 5, 2021, by and among Old Evolv, NewHold Investments Corp. (the predecessor to Issuer) and NHIC Sub Inc., as amended by that certain First Amendment to Agreement and Plan of Merger dated June 5, 2021 (as so amended, the "Merger Agreement") and the other portion of these securities on July 16, 2021, pursuant to that certain Noteholders Consent dated June 21, 2021, by and among the noteholders identified therein, NewHold Investments Corp. and Old Evolv, entered into in connection with the Merger Agreement.
Footnote F2
The Reporting Person acquired these securities on July 16, 2021 as consideration and in exchange for the Reporting Person's holdings in Old Evolv pursuant to the Merger Agreement.
Footnote F3
These securities are held directly by Finback Evolv, LLC.
Footnote F4
These securities are held directly by Finback Evolv OBH, LLC.
Footnote F5
These securities are held directly by Finback Evolv II, LLC.
Footnote F6
Each performance right represents a contingent right to receive one share of the Issuer's Class A common stock. Pursuant to an "Earn Out" provision in the Merger Agreement, the performance rights vest upon the Issuer's Class A Common stock achieving a specified price per share as follows: (i) 1/3 of the shares shall be issued if the closing sale price of Class A common stock equals or exceeds $12.50 per share for any period of 20 trading days out of 30 consecutive trading days prior to March 5, 2026; (ii) 1/3 of the shares shall be issued if the closing sale price of Class A common stock equals or exceeds $15.00 per share for any period of 20 trading days out of 30 consecutive trading days prior to March 5, 2026; and (iii) 1/3 of the shares shall be issued if the closing sale price of Class A common stock equals or exceeds $17.50 per share for any period of 20 trading days out of 30 consecutive trading days prior to March 5, 2026.
Footnote F7
Portions of the shares underlying the Class A Warrant shall vest based on certain sale and business performance metrics.