Ajay Marathe - Aug 20, 2024 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Chief Operating Officer
Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Ajay Marathe
Stock symbol
ENVX
Transactions as of
Aug 20, 2024
Transactions value $
-$30,573
Form type
4
Date filed
8/21/2024, 08:58 PM
Previous filing
Aug 15, 2024
Next filing
Sep 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +5.73K +0.61% $0.00 947K Aug 20, 2024 Direct F1, F2
transaction ENVX Common Stock Tax liability -$30.6K -3.02K -0.32% $10.11 944K Aug 20, 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 of the Issuer's common stock issued to the Reporting Person upon the receipt of a fully vested award of restricted stock units ("RSUs") on August 20, 2024. These RSUs represent the Reporting Person's award bonus earned for the quarter ended June 30, 2024. Each RSU represents a contingent right to receive one share of Issuer's common stock.
F2 Includes 758,522 shares issuable upon the settlement of RSUs granted to the Reporting Person.
F3 Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the receipt of a fully vested award of RSUs on August 20, 2024.