HARROLD J. RUST - 06 Jun 2022 Form 4 Insider Report for Enovix Corp (ENVX)

Role: President and CEO, Director
Signature: /s/ Edward J. Hejlek, Attorney-in-Fact for Harrold J. Rust
Issuer symbol: ENVX
Transactions as of: 06 Jun 2022
Transactions value $: $0
Form type: 4
Filing time: 08 Jun 2022, 20:15:39 UTC
Previous filing: 08 Jun 2022
Next filing: 15 Sep 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	Award	$0	+89.5K	+2498.19%	$0.00	93.1K	06 Jun 2022	Direct	F1
holding	ENVX	Common Stock						1.38M	06 Jun 2022	Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares issuable on 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. 25% of the RSUs will vest on the first anniversary of the date of grant (the "Vesting Commencement Date"); and the remainder will vest in a series of thirty-six (36) successive equal monthly installments measured from the first anniversary of the Vesting Commencement Date, subject to the Reporting Person's continuous service through each applicable vesting date.
F2	The shares are held by the Harrold and Margaret Rust Family Trust UTD May 15, 1996, for which the Reporting Person is a trustee.

Content

Reflects shares issuable on 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. 25% of the RSUs will vest on the first anniversary of the date of grant (the "Vesting Commencement Date"); and the remainder will vest in a series of thirty-six (36) successive equal monthly installments measured from the first anniversary of the Vesting Commencement Date, subject to the Reporting Person's continuous service through each applicable vesting date.

The shares are held by the Harrold and Margaret Rust Family Trust UTD May 15, 1996, for which the Reporting Person is a trustee.