Steffen Pietzke - 14 Dec 2021 Form 4 Insider Report for Enovix Corp (ENVX)

Role: Chief Financial Officer
Signature: /s/ Edward J. Hejlek, Attorney-in-Fact for Steffen Pietzke
Issuer symbol: ENVX
Transactions as of: 14 Dec 2021
Net transactions value: +$11,500
Form type: 4
Filing time: 16 Dec 2021, 15:38:38 UTC
Previous filing: 12 Aug 2021
Next filing: 22 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENVX	Common Stock	Exercise of in-the-money or at-the-money derivative security	$11,500	+1,000	+4.5%	$11.50	23,000	14 Dec 2021	Direct

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 Purchase)	Exercise of in-the-money or at-the-money derivative security	$0	-1,000	-100%	$0.000000^*	0	14 Dec 2021	Common Stock	1,000	$11.50	Direct	F1

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

Explanation of Responses:

Id	Content
F1	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 Corporation 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

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 Corporation 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.