Pegah Ebrahimi - Nov 3, 2021 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Director
Signature
/s/ Edward J. Hejlek, Attorney-in-Fact for Pegah Ebrahimi
Stock symbol
ENVX
Transactions as of
Nov 3, 2021
Transactions value $
$0
Form type
4
Date filed
11/5/2021, 08:37 PM
Next filing
Apr 4, 2022

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 +14.2K $0.00 14.2K Nov 3, 2021 Common Stock 14.2K Direct F1, F2
transaction ENVX Restricted Stock Units Award $0 +1.91K $0.00 1.91K Nov 3, 2021 Common Stock 1.91K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 1/12th of the shares subject to the RSU will vest quarterly over three years commencing on November 3, 2021, subject to the Reporting Person's continuous service through each applicable vesting date.
F3 50% of the shares subject to the RSU will vest quarterly over two quarters commencing on November 3, 2021, subject to the Reporting Person's continuous service through each applicable vesting date.