Ajay Marathe - 06 Jan 2025 Form 4 Insider Report for Enovix Corp (ENVX)

Role: Chief Operating Officer
Signature: /s/ Arthi Chakravarthy, Attorney-in-Fact for Ajay Marathe
Issuer symbol: ENVX
Transactions as of: 06 Jan 2025
Net transactions value: $0
Form type: 4
Filing time: 07 Jan 2025, 19:35:07 UTC
Previous filing: 16 Dec 2024
Next filing: 10 Jan 2025
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	+160,513	+18%	$0.000000	1,066,464	06 Jan 2025	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 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. 50% of the RSUs will vest on January 6, 2026 (the first anniversary of the grant date) and the remaining 50% of the RSUs will vest on January 6, 2027 (the second anniversary of the grant date), subject to the Reporting Person's continuous service through each applicable vesting date.
F2	Includes 843,768 shares issuable upon the settlement of RSUs granted to the Reporting Person.

Content

Reflects 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. 50% of the RSUs will vest on January 6, 2026 (the first anniversary of the grant date) and the remaining 50% of the RSUs will vest on January 6, 2027 (the second anniversary of the grant date), subject to the Reporting Person's continuous service through each applicable vesting date.

Includes 843,768 shares issuable upon the settlement of RSUs granted to the Reporting Person.