Arthi Chakravarthy - 27 Aug 2025 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Arthi Chakravarthy
Issuer symbol
ENVX
Transactions as of
27 Aug 2025
Net transactions value
+$83,239
Form type
4
Filing time
08 Sep 2025, 21:58:41 UTC
Previous filing
26 Aug 2025
Next filing
09 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Chakravarthy Arthi Chief Legal Officer C/O ENOVIX CORPORATION, 3501 W. WARREN AVENUE, FREMONT /s/ Arthi Chakravarthy 08 Sep 2025 0001975015

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Exercise of in-the-money or at-the-money derivative security $83,239 +9,513 +2.2% $8.75 437,954 27 Aug 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ENVX Warrant (Right to Buy) Exercise of in-the-money or at-the-money derivative security $0 -9,513 -100% $0.000000 0 27 Aug 2025 Common Stock, par value $0.0001 9,513 $8.75 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares issued upon the exercise of publicly-traded warrants (the "Warrants") by the Reporting Person. The Warrants were distributed by the Issuer on July 21, 2025, and each Warrant entitles the holder to purchase one share of common stock at an exercise price of $8.75 per share in accordance with the Warrant Agreement dated July 21, 2025 between the Issuer and Computershare Trust Company N.A., as warrant agent (the "Warrant Agreement").
F2 Includes 333,800 shares issuable upon the settlement of RSUs granted to the Reporting Person.
F3 In accordance with the Warrant Agreement, the expiration of the Warrants was subject to acceleration upon the satisfaction of the early expiration price condition. On August 28, 2025, the early expiration price condition was met and the expiration date for the Warrants was accelerated to August 29, 2025. The Warrants was ceased to be exercisable as of 5:00 p.m. New York City time on August 29, 2025.