Thurman J. Rodgers - Jun 13, 2024 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Director, 10%+ Owner
Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Thurman J. Rodgers
Stock symbol
ENVX
Transactions as of
Jun 13, 2024
Transactions value $
$0
Form type
4
Date filed
6/17/2024, 07:21 PM
Previous filing
May 31, 2024
Next filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +15.1K +824.86% $0.00 17K Jun 13, 2024 Direct F1, F2
holding ENVX Common Stock 20.8M Jun 13, 2024 Trust F3
holding ENVX Common Stock 900K Jun 13, 2024 Trust F4
* 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. 25% of the RSUs will vest on each of September 13, 2024, December 13, 2024, March 13, 2025 and the earlier of (i) June 13, 2025; or (ii) the date of the Issuer's 2025 annual meeting of stockholders (or the date immediately preceding such date if the Reporting Person's service as a director ends at such meeting due to the director'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.
F2 Includes 15,128 shares issuable upon the settlement of RSUs granted to the Reporting Person.
F3 The shares are held by the Rodgers Massey Revocable Living Trust dtd 4/4/11 for which the Reporting Person is a trustee and has voting and dispositive power over the shares.
F4 The shares are held by the Rodgers Family Freedom and Free Markets Charitable Trust for which the Reporting Person is a trustee and has voting and dispositive power over the shares.