Harrold J. Rust - Jun 6, 2022 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Edward J. Hejlek, Attorney-in-Fact for Harrold J. Rust
Stock symbol
ENVX
Transactions as of
Jun 6, 2022
Transactions value $
$0
Form type
4
Date filed
6/8/2022, 08:15 PM
Previous filing
Jun 8, 2022
Next filing
Sep 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +89.5K +2498.19% $0.00 93.1K Jun 6, 2022 Direct F1
holding ENVX Common Stock 1.38M Jun 6, 2022 Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares issuable on the settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's common stock. 25% of the RSUs will vest on the first anniversary of the date of grant (the "Vesting Commencement Date"); and the remainder will vest in a series of thirty-six (36) successive equal monthly installments measured from the first anniversary of the Vesting Commencement Date, subject to the Reporting Person's continuous service through each applicable vesting date.
F2 The shares are held by the Harrold and Margaret Rust Family Trust UTD May 15, 1996, for which the Reporting Person is a trustee.