Emmanuel T. Hernandez - Jun 15, 2022 Form 4 Insider Report for Enovix Corp (ENVX)

Role: Director
Signature: /s/ Edward J. Hejlek, Attorney-in-Fact for Emmanuel T. Hernandez
Stock symbol: ENVX
Transactions as of: Jun 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/17/2022, 05:32 PM
Previous filing: Jun 13, 2022
Next filing: Jul 7, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENVX	Common Stock	Award	$0	+9.06K	+1.95%	$0.00	473K	Jun 15, 2022	Direct	F1, 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 each of September 15, 2022, December 15, 2022, March 15, 2023 and the earlier of June 15, 2023 and the date of the next annual meeting of the Issuer's stockholders (or the date immediately prior to the next annual meeting of the Issuer's stockholders if the Reporting Person's service as a director ends at such meeting due to the director's failure to be re-elected or not standing for re-election), subject to the Reporting Person's continuous service through each applicable vesting date.
F2	The reported transaction involved the Reporting Person's receipt of a grant of 9,057 RSUs. The Reporting Person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes the 9,057 newly awarded RSUs, 1,055 RSUs previously reported in Table II and 463,162 shares of the Issuer's common stock.

Content

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 each of September 15, 2022, December 15, 2022, March 15, 2023 and the earlier of June 15, 2023 and the date of the next annual meeting of the Issuer's stockholders (or the date immediately prior to the next annual meeting of the Issuer's stockholders if the Reporting Person's service as a director ends at such meeting due to the director's failure to be re-elected or not standing for re-election), subject to the Reporting Person's continuous service through each applicable vesting date.

The reported transaction involved the Reporting Person's receipt of a grant of 9,057 RSUs. The Reporting Person has reported prior awards of RSUs in Table II of Form 4. The total reported in Column 5 includes the 9,057 newly awarded RSUs, 1,055 RSUs previously reported in Table II and 463,162 shares of the Issuer's common stock.