Emmanuel T. Hernandez - Jun 15, 2023 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Director
Signature
/s/ Steffen Pietzke, Attorney-in-Fact for Emmanuel T. Hernandez
Stock symbol
ENVX
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 09:17 PM
Previous filing
Jan 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +7.34K +1.55% $0.00 481K Jun 15, 2023 Direct F1, F2
* 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.