Rajendra K. Talluri - Nov 22, 2024 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Raj Talluri
Stock symbol
ENVX
Transactions as of
Nov 22, 2024
Transactions value $
-$18,737
Form type
4
Date filed
11/25/2024, 09:58 PM
Previous filing
Nov 19, 2024
Next filing
Dec 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +3.77K +0.16% $0.00 2.33M Nov 22, 2024 Direct F1, F2
transaction ENVX Common Stock Tax liability -$18.7K -1.99K -0.09% $9.43 2.33M Nov 22, 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 November 22, 2024. These RSUs represent the Reporting Person's award bonus earned for the quarter ended September 29, 2024. Each RSU represents a contingent right to receive one share of Issuer's common stock.
F2 Includes 1,863,295 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 November 22, 2024.