Farhan Ahmad - 22 Nov 2024 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Chief Financial Officer
Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Farhan Ahmad
Issuer symbol
ENVX
Transactions as of
22 Nov 2024
Net transactions value
-$13,862
Form type
4
Filing time
25 Nov 2024, 21:59:38 UTC
Previous filing
12 Nov 2024
Next filing
09 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +2,635 +0.62% $0.000000 424,992 22 Nov 2024 Direct F1, F2
transaction ENVX Common Stock Tax liability $13,862 -1,470 -0.35% $9.43 423,522 22 Nov 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 377,907 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.