Thurman J. Rodgers - Oct 20, 2021 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Edward J. Hejlek, Attorney-in-Fact for Thurman J. Rodgers
Stock symbol
ENVX
Transactions as of
Oct 20, 2021
Transactions value $
$0
Form type
4
Date filed
10/22/2021, 04:57 PM
Previous filing
Sep 10, 2021
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Options Exercise $0 +1.05K $0.00 1.05K Oct 20, 2021 Direct
holding ENVX Common Stock 115K Oct 20, 2021 LLC F1
holding ENVX Common Stock 20.9M Oct 20, 2021 Trust F2

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 Restricted Stock Units Award $0 +4.22K $0.00 4.22K Oct 20, 2021 Common Stock 4.22K Direct F3, F4
transaction ENVX Restricted Stock Units Options Exercise $0 -1.05K -24.99% $0.00 3.16K Oct 20, 2021 Common Stock 1.05K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held by Rodgers Capital, LLC for which the Reporting Person is the managing member and has voting and dispositive power over the shares.
F2 The shares are held by the Rodgers Massey Revocable Living Trust dtd 4/4/11 for which the Reporting Person is a trustee.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F4 25% of the RSU will vest as of the date of grant and the remainder will vest in three equal installments on each of December 31, 2021, March 31, 2022 and June 30, 2022, subject to the Reporting Person's continuous service through each applicable vesting date.