Rajendra K. Talluri - Jan 18, 2023 Form 4 Insider Report for Enovix Corp (ENVX)

Role: President and CEO, Director
Signature: /s/ Steffen Pietzke, Attorney-in-Fact for Rajendra K. Talluri
Stock symbol: ENVX
Transactions as of: Jan 18, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/20/2023, 05:52 PM
Next filing: Mar 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENVX	Common Stock	Award	$0	+2M		$0.00	2M	Jan 18, 2023	Direct	F1

* 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. 20% of the RSUs will vest on January 18, 2024, the first anniversary of the date of grant (the "Vesting Commencement Date"); and the remainder will vest in a series of forty-eight (48) 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.

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. 20% of the RSUs will vest on January 18, 2024, the first anniversary of the date of grant (the "Vesting Commencement Date"); and the remainder will vest in a series of forty-eight (48) 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.