Evolv Technologies terminates SVP of Strategic Finance Peter Faubert effective Jan 31, 2022

Evolv Technologies Holdings, Inc.

Peter Faubert terminated as SVP of Strategic Finance; he was former CFO who assumed role on Nov 1, 2021.
Cash severance of $225,000 (9 months base salary) to be paid in equal installments over 9 months.
Lump sum payment of $67,500 (75% of 2022 target bonus) due within 60 days.
Vested stock options remain exercisable until Jan 31, 2023; all unvested equity forfeited.

item 5.02

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Departed

Peter Faubert

Senior Vice President of Strategic Finance

EVLV · Evolv Technologies Holdings, Inc.

Effective: 2022-01-31
Filed: February 4, 2022, 6:59 PM ET

On January 31, 2022, Evolv Technologies Holdings, Inc. (the “ Company ”) and Peter Faubert reached an agreement regarding Mr. Faubert’s termination from his position as the Company’s Senior Vice President of Strategic Finance (the “ Separation Agreement ”), effective on January 31, 2022 (the “ Termination Date ”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Faubert was terminated as Senior Vice President of Strategic Finance at Evolv Technologies Holdings, Inc..

Action: terminated
Role: Senior Vice President of Strategic Finance

Exact text from the filing

On January 31, 2022, Evolv Technologies Holdings, Inc. (the “ Company ”) and Peter Faubert reached an agreement regarding Mr. Faubert’s termination from his position as the Company’s Senior Vice President of Strategic Finance (the “ Separation Agreement ”), effective on January 31, 2022 (the “ Termination Date ”).

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Evolv Technologies Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-012021

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