Thurman J. Rodgers - Jun 15, 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
Jun 15, 2022
Transactions value $
$0
Form type
4
Date filed
6/17/2022, 05:39 PM
Previous filing
May 23, 2022
Next filing
Jun 22, 2022

Transactions Table

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
holding ENVX Common Stock 20.9M Jun 15, 2022 Trust F3
holding ENVX Common Stock 400K Jun 15, 2022 Trust F4
holding ENVX Common Stock 115K Jun 15, 2022 LLC F5
* 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 3,162 shares of the Issuer's common stock.
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 The shares are held by the Rodgers Family Freedom and Free Markets Charitable Trust for which the Reporting Person is a trustee and has voting and dispositive power over the shares.
F5 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.