Ralph H. Schmitt - 26 May 2023 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Steffen Pietzke, Attorney-in-Fact for Ralph H. Schmitt
Issuer symbol
ENVX
Transactions as of
26 May 2023
Net transactions value
-$7,812
Form type
4
Filing time
30 May 2023, 20:14:34 UTC
Previous filing
11 May 2023
Next filing
07 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +1,861 +0.77% $0.000000 244,112 26 May 2023 Direct F1, F2
transaction ENVX Common Stock Tax liability $7,812 -644 -0.26% $12.13 243,468 26 May 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of the Issuer's common stock issued to the Reporting Person upon the receipt of a fully vested award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive oneshare of Issuer's common stock.
F2 Includes 134,977 shares issuable upon the settlement of RSUs granted to the Reporting Person.
F3 Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the receipt of a fully vested award of RSUs on May 26, 2023.