Ajay Marathe - 14 Jan 2024 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Ajay Marathe
Issuer symbol
ENVX
Transactions as of
14 Jan 2024
Transactions value $
-$62,319
Form type
4
Filing time
16 Jan 2024, 14:26:42 UTC
Previous filing
15 Dec 2023
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Tax liability -$62.3K -5.69K -0.74% $10.96 758K 14 Jan 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") on January 14, 2024. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 Includes 638,634 shares issuable upon the settlement of RSUs granted to the Reporting Person.