J. Daniel McCranie - 08 Sep 2021 Form 4 Insider Report for Enovix Corp (ENVX)

Role: Director
Signature: /s/ Edward J. Hejlek, Attorney-in-Fact for John Daniel McCranie
Issuer symbol: ENVX
Transactions as of: 08 Sep 2021
Net transactions value: $0
Form type: 4
Filing time: 10 Sep 2021, 20:04:02 UTC
Previous filing: 16 Jul 2021
Next filing: 22 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENVX	Common Stock	Other	$0	+450,000		$0.000000	450,000	08 Sep 2021	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	ENVX	Warrant (Right to Buy)	Other	$0	+500,000		$0.000000	500,000	08 Sep 2021	Common Stock	500,000	$11.50	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the in-kind distribution from Rodgers Capital, LLC, without consideration, to certain of its members, including the Reporting Person.
F2	Warrants become exercisable on the later of (i) 30 days after the completion of Issuer's initial business combination, which was on July 14, 2021, and (ii) 12 months from the closing of the Rodgers Silicon Valley Acquisition Corp. initial public offering, which was on December 4, 2020, and they expire five years after the completion of Issuer's initial business combination or earlier upon redemption or liquidation.

Content

Reflects the in-kind distribution from Rodgers Capital, LLC, without consideration, to certain of its members, including the Reporting Person.

Warrants become exercisable on the later of (i) 30 days after the completion of Issuer's initial business combination, which was on July 14, 2021, and (ii) 12 months from the closing of the Rodgers Silicon Valley Acquisition Corp. initial public offering, which was on December 4, 2020, and they expire five years after the completion of Issuer's initial business combination or earlier upon redemption or liquidation.