secwatch.observer — SEC 8-K summary
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Issuer:     Evolv Technologies Holdings, Inc. (EVLV)
CIK:        0001805385
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0001628280-23-006043
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Evolv Technologies adopts executive bonus plan, amends CFO severance, rebalances board
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- Compensation Committee adopted Executive Officer Performance Bonus Plan under 2021 Incentive Award Plan; bonuses based on corporate/individual performance goals.
- CFO Mark Donohue's change-in-control severance period amended to begin 60 days before closing and end two years after.
- Board rebalanced: Kimberly Sheehy moved from Class III (term expiring 2024) to Class I (term expiring 2025) to equalize class sizes.
- Board now consists of three Class I, four Class II, and three Class III directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805385/000162828023006043/0001628280-23-006043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805385/000162828023006043/nhic-20230224.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-006043

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