Thurman J. Rodgers - Aug 15, 2022 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Steffen Pietzke, Attorney-in-Fact for Thurman J. Rodgers
Stock symbol
ENVX
Transactions as of
Aug 15, 2022
Transactions value $
$622,681
Form type
4
Date filed
3/10/2023, 08:47 PM
Previous filing
Jun 22, 2022
Next filing
Nov 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Gift $0 -4.22K -31.77% $0.00 9.06K Aug 15, 2022 Direct F1
transaction ENVX Common Stock Gift $0 -4.53K -49.99% $0.00 4.53K Dec 20, 2022 Direct F2, F3
transaction ENVX Common Stock Purchase $623K +65.1K +16.28% $9.56 465K Mar 10, 2023 Trust F4, F5
holding ENVX Common Stock 20.9M Aug 15, 2022 Trust F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 15, 2022, the Reporting Person transferred 4,217 shares to 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.
F2 On December 20, 2022, the Reporting Person transferred 4,528 shares to 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.
F3 Includes 4,529 shares issuable upon 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.
F4 The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $9.20 to $10.03, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 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.
F6 On August 15, 2022 and December 20, 2022, the Reporting Person transferred 4,217 and 4,528 shares, respectively, to 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. Additionally, the Form 4 filed by the Reporting Person on December 14, 2022 inadvertently over-reported the number of shares gifted by the Rodgers Massey Revocable Living Trust dtd 4/4/11 by 15,000 shares. This Form 4 correctly increases the total amount of shares indirectly owned by the Reporting Person by such 15,000 shares.
F7 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.