Joseph Malchow - Jun 23, 2023 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Director
Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Joseph Malchow
Stock symbol
ENVX
Transactions as of
Jun 23, 2023
Transactions value $
$0
Form type
4
Date filed
6/27/2023, 09:45 PM
Previous filing
Jun 27, 2023
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +18.7K +5.02% $0.00 392K Jun 23, 2023 Direct F1
transaction ENVX Common Stock Award $0 +6.81K +1.74% $0.00 399K Jun 23, 2023 Direct F2, F3
holding ENVX Common Stock 4.4K Jun 23, 2023 Direct F4
holding ENVX Common Stock 1.3K Jun 23, 2023 Minor Child F5
* 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. The RSUs will vest quarterly in twelve equal installments over three years commencing on June 23, 2023, subject to the Reporting Person's continuous service through each applicable vesting date.
F2 Reflects shares issuable on the settlement of 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 Reporting Person'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.
F3 Includes 25,543 shares issuable upon the settlement of RSUs granted to the Reporting Person.
F4 Shares held by Reporting Person and spouse JTWROS.
F5 Shares held by minor child.