Rajendra K. Talluri - Jan 18, 2024 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Raj Talluri
Stock symbol
ENVX
Transactions as of
Jan 18, 2024
Transactions value $
-$1,803,686
Form type
4
Date filed
1/22/2024, 04:05 PM
Previous filing
Aug 25, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Tax liability -$1.8M -188K -9.31% $9.60 1.83M Jan 18, 2024 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 January 18, 2024. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 Includes 1,600,000 shares issuable upon the settlement of RSUs granted to the Reporting Person.