Kristina Truong - Feb 12, 2025 Form 4 Insider Report for Enovix Corp (ENVX)

Role
Chief Accounting Officer
Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Kristina Truong
Stock symbol
ENVX
Transactions as of
Feb 12, 2025
Transactions value $
-$12,287
Form type
4
Date filed
2/14/2025, 06:47 PM
Previous filing
Feb 11, 2025
Next filing
Mar 11, 2025
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 +4.98K +3.48% $0.00 148K Feb 12, 2025 Direct F1, F2
transaction ENVX Common Stock Tax liability -$12.3K -1.12K -0.75% $11.02 147K Feb 13, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of performance restricted stock units ("PRSUs") upon the achievement of certain performance criteria on February 12, 2025, of which 50% will be released on March 2, 2026 and the remaining 50% will be released on March 1, 2027. Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
F2 Includes 131,322 shares issuable upon the settlement of restricted stock units ("RSUs") granted to the Reporting Person on February 13, 2025.
F3 Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of RSUs on February 13, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.