Pegah Ebrahimi - 31 Mar 2022 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Director
Signature
/s/ Edward J. Hejlek, Attorney-in-Fact for Pegah Ebrahimi
Issuer symbol
ENVX
Transactions as of
31 Mar 2022
Transactions value $
$0
Form type
4
Filing time
04 Apr 2022, 16:31:43 UTC
Previous filing
05 Nov 2021
Next filing
17 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Options Exercise +2,135 2,135 31 Mar 2022 Direct F1

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 -1,180 -8.33% $0 12,985 31 Mar 2022 Common Stock 1,180 Direct F1, F2
transaction ENVX Restricted Stock Units Options Exercise $0 -955 -50% $0 955 31 Mar 2022 Common Stock 955 Direct F1, F3
* 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 1/12th of the shares subject to the RSU vest quarterly over three years measured from the end of the first full quarter following November 3, 2021, subject to the Reporting Person's continuous service through each applicable vesting date.
F3 50% of the shares subject to the RSU vest on each of March 31, 2022 and June 30, 2022, subject to the Reporting Person's continuous service through each applicable vesting date.