Ajay Marathe - 02 Aug 2023 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Ajay Marathe
Issuer symbol
ENVX
Transactions as of
02 Aug 2023
Net transactions value
-$10,918
Form type
4
Filing time
11 Aug 2023, 18:39:32 UTC
Previous filing
08 Jun 2023
Next filing
16 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +1,650 +0.2% $0.000000 841,685 02 Aug 2023 Direct F1, F2
transaction ENVX Common Stock Tax liability $10,918 -571 -0.07% $19.12 841,114 02 Aug 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 bonus 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 August 2, 2023.