Ajay Marathe - Apr 8, 2024 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Ajay Marathe
Stock symbol
ENVX
Transactions as of
Apr 8, 2024
Transactions value $
$0
Form type
4
Date filed
4/10/2024, 04:07 PM
Previous filing
Mar 15, 2024
Next filing
Apr 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +101K +13.58% $0.00 849K Apr 8, 2024 Direct F1, F2
transaction ENVX Common Stock Award $0 +135K +15.95% $0.00 984K Apr 8, 2024 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 issuable upon 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 in 36 equal monthly installments measured from April 8, 2024, the vesting commencement date, subject to the Reporting Person's continuous service through each applicable vesting date.
F2 Includes 847,672 shares issuable upon the settlement of RSUs granted to the Reporting Person as of April 8, 2024.
F3 Reflects shares issuable upon the settlement of RSUs granted to the Reporting Person. The RSUs will vest in 16 equal quarterly installments measured from April 8, 2024, the vesting commencement date, subject to the Reporting Person's continuous service through each applicable vesting date.