Thurman J. Rodgers - Mar 31, 2022 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
Mar 31, 2022
Transactions value $
$0
Form type
4
Date filed
4/4/2022, 04:43 PM
Previous filing
Jan 3, 2022
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Options Exercise +1.05K +50% 3.16K Mar 31, 2022 Direct F1
holding ENVX Common Stock 115K Mar 31, 2022 LLC F2
holding ENVX Common Stock 20.9M Mar 31, 2022 Trust F3

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 -49.98% $0.00 1.06K Mar 31, 2022 Common Stock 1.05K Direct F1, F4
* 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 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.
F3 The shares are held by the Rodgers Massey Revocable Living Trust dtd 4/4/11 for which the Reporting Person is a trustee and has voting and dispositive power over the shares.
F4 On October 20, 2021, the Reporting Person was granted 4,217 RSUs, of which 25% vested on the grant date and the remainder 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.