Ajay Marathe - Jun 7, 2023 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Steffen Pietzke, Attorney-in-Fact for Ajay Marathe
Stock symbol
ENVX
Transactions as of
Jun 7, 2023
Transactions value $
-$31,031
Form type
4
Date filed
6/8/2023, 08:32 PM
Previous filing
Feb 16, 2023
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +6.59K +0.79% $0.00 842K Jun 7, 2023 Direct F1, F2
transaction ENVX Common Stock Tax liability -$31K -2.28K -0.27% $13.61 840K Jun 7, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of the Issuer's common stock issued to the Reporting Person upon the receipt of a fully vested award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's common stock.
F2 Includes 833,000 shares issuable upon the settlement of RSUs granted to the Reporting Person.
F3 Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the receipt of a fully vested award of RSUs on June 7, 2023.