Thurman J. Rodgers - Jun 15, 2023 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Director, 10%+ Owner
Signature
/s/ Steffen Pietzke, Attorney-in-Fact for Thurman J. Rodgers
Stock symbol
ENVX
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 09:14 PM
Previous filing
Jun 5, 2023
Next filing
Jun 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +7.34K +323.89% $0.00 9.6K Jun 15, 2023 Direct F1, F2
holding ENVX Common Stock 20.9M Jun 15, 2023 Trust F3
holding ENVX Common Stock 900K Jun 15, 2023 Trust F4
* 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, 2023, December 15, 2023, March 15, 2024 and the earlier of June 15, 2024 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 Includes 7,336 shares issuable upon the settlement of RSUs granted to the Reporting Person.
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.