Pegah Ebrahimi - Jun 13, 2024 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Director
Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Pegah Ebrahimi
Stock symbol
ENVX
Transactions as of
Jun 13, 2024
Transactions value $
$0
Form type
4
Date filed
6/17/2024, 07:23 PM
Previous filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +15.1K +52.22% $0.00 44.1K Jun 13, 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 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 16,604 shares issuable upon the settlement of RSUs granted to the Reporting Person.