Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ENVX | Common Stock | Award | $0 | +9.06K | +214.77% | $0.00 | 13.3K | Jun 15, 2022 | Direct | F1, F2, F3 |
holding | ENVX | Common Stock | 15.6K | Jun 15, 2022 | Direct |
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 3,162 shares of the Issuer's common stock. |
F3 | Pursuant to the Eclipse GP III, LLC ("Eclipse GP III") LLC Agreement, the Reporting Person is deemed to hold the RSUs for the benefit of Eclipse Ventures, LLC ("Eclipse"), which is entitled to hold the shares upon settlement of the RSUs. 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. |