Gregory Reichow - Jun 20, 2024 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Director
Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Gregory Reichow
Stock symbol
ENVX
Transactions as of
Jun 20, 2024
Transactions value $
-$91,050
Form type
4
Date filed
6/21/2024, 04:46 PM
Previous filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Sale -$91.1K -7.5K -47.99% $12.14 8.13K Jun 20, 2024 Direct
holding ENVX Common Stock 35.7K Jun 20, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 15,128 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.
F2 Pursuant to the Eclipse GP III, LLC Agreement, the Reporting Person is deemed to hold the RSUs for the benefit of Eclipse Ventures, LLC ("Eclipse"), which is entitled to hold the shares upon settlement of the RSUs. Eclipse may be deemed the indirect beneficial owner of such shares, and the Reporting Person is a partner of and may be deemed to share voting and dispositive power over shares held by Eclipse. The Reporting Person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.