Bernard Gutmann - 23 Jun 2023 Form 4 Insider Report for Enovix Corp (ENVX)

Role: Director
Signature: /s/ Arthi Chakravarthy, Attorney-in-Fact for Bernard Gutmann
Issuer symbol: ENVX
Transactions as of: 23 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 27 Jun 2023, 21:47:13 UTC
Previous filing: 27 Jun 2023
Next filing: 17 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENVX	Common Stock	Award	$0	+18,732		$0.000000	18,732	23 Jun 2023	Direct	F1
transaction	ENVX	Common Stock	Award	$0	+6,811	+36%	$0.000000	25,543	23 Jun 2023	Direct	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. 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.

Content

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.

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.