secwatch.observer — SEC 8-K summary
======================================

Issuer:     Evolv Technologies Holdings, Inc. (EVLV)
CIK:        0001805385
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001104659-22-112971
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Evolv Technologies Holdings approves severance plan; CEO, CFO get 12-18 months pay
--------------------------------------------------------------------------------

- Severance Plan approved Oct 25, effective Jan 1, 2023; covers VPs and above including named execs.
- CEO Peter George and CFO Mark Donohue are Tier 1: 12 months salary (no CIC), 18 months (CIC).
- Bonus: 100% of target for CEO/CFO; other Tier 1 execs receive pro-rated bonus.
- Benefits include COBRA coverage; within change-in-control period lump sum and equity acceleration.
- Plan supersedes prior individual severance agreements for eligible employees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805385/000110465922112971/0001104659-22-112971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805385/000110465922112971/tm2229169d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-112971

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer