Ajay Marathe - 12 Feb 2025 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Ajay Marathe
Issuer symbol
ENVX
Transactions as of
12 Feb 2025
Net transactions value
$0
Form type
4
Filing time
14 Feb 2025, 18:49:07 UTC
Previous filing
11 Feb 2025
Next filing
18 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +33,170 +3.2% $0.000000 1,084,077 12 Feb 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of performance restricted stock units ("PRSUs") upon the achievement of certain performance criteria on February 12, 2025, of which 50% will be released on March 2, 2026 and the remaining 50% will be released on March 1, 2027. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
F2 Includes 815,789 shares issuable upon the settlement of restricted stock units granted to the Reporting Person.