J. DANIEL MCCRANIE - 31 Dec 2021 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Director
Signature
/s/ Edward J. Hejlek, Attorney-in-Fact for John Daniel McCranie
Issuer symbol
ENVX
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
4
Filing time
03 Jan 2022, 20:39:48 UTC
Previous filing
22 Oct 2021
Next filing
10 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Options Exercise $0 +1,054 +0.23% $0.000000 452,108 31 Dec 2021 Direct

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 Restricted Stock Units Options Exercise $0 -1,054 -33% $0.000000 2,109 31 Dec 2021 Common Stock 1,054 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 25% of the RSU will vest as of the date of grant and the remainder will vest in three equal installments on each of December 31, 2021, March 31, 2022 and June 30, 2022, subject to the Reporting Person's continuous service through each applicable vesting date.