Ajay Marathe - Nov 14, 2023 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Ajay Marathe
Stock symbol
ENVX
Transactions as of
Nov 14, 2023
Transactions value $
-$796,530
Form type
4
Date filed
11/16/2023, 04:26 PM
Previous filing
Aug 11, 2023
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Tax liability -$797K -71K -8.44% $11.22 770K Nov 14, 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 the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") on November 14, 2023. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 Includes 666,400 shares issuable upon the settlement of RSUs granted to the Reporting Person.