Gregory Reichow - Dec 31, 2021 Form 4 Insider Report for Enovix Corp (ENVX)

Role: Director
Signature: /s/ Edward J. Hejlek, Attorney-in-Fact for Gregory Reichow
Stock symbol: ENVX
Transactions as of: Dec 31, 2021
Transactions value $: $0
Form type: 4
Date filed: 1/3/2022, 08:42 PM
Previous filing: Oct 22, 2021
Next filing: Apr 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENVX	Common Stock	Award	$0	+1.05K	+100%	$0.00	2.11K	Dec 31, 2021	Direct	F1, F2
holding	ENVX	Common Stock						15.6K	Dec 31, 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	Restricted Stock Units	Options Exercise	$0	-1.05K	-33.32%	$0.00	2.11K	Dec 31, 2021	Common Stock	1.05K		Direct	F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	The shares were acquired upon the settlement of the restricted stock unit ("RSU") described in Table II.
F2	Pursuant to the Eclipse GP III, LLC ("Eclipse GP III") LLC Agreement, the Reporting Person is deemed to hold the RSU for the benefit of Eclipse Ventures, LLC ("Eclipse"), which is entitled to hold the shares upon settlement of the RSU. Eclipse may be deemed the indirect beneficial owner of such shares, and the Reporting Person is a partner of and may be deemed to share voting and dispositive power over shares held by Eclipse. The Reporting Person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F3	Each 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.