Edward J. Hejlek - 06 Jun 2022 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Chief Legal Officer, General Counsel and Secretary
Signature
/s/ Edward J. Hejlek
Issuer symbol
ENVX
Transactions as of
06 Jun 2022
Net transactions value
$0
Form type
4
Filing time
08 Jun 2022, 20:19:11 UTC
Previous filing
08 Jun 2022
Next filing
08 Jul 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 Award $0 +59,656 +34% $0.000000 232,883 06 Jun 2022 Direct F1
transaction ENVX Common Stock Award $0 +74,571 +32% $0.000000 307,454 06 Jun 2022 Direct 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 Reflects shares issuable on the settlement of RSUs granted to the Reporting Person. 1/24th of the RSUs will vest in twenty-four (24) successive equal monthly installments measured from the Vesting Commencement Date, subject to the Reporting Person's continuous service through each applicable vesting date.

Remarks:

Chief Legal Officer, General Counsel and Secretary