Rajendra K. Talluri - Feb 12, 2025 Form 4 Insider Report for Enovix Corp (ENVX)

Role
President and CEO, Director
Signature
/s/ Arthi Chakravarthy, Attorney-in-Fact for Raj Talluri
Stock symbol
ENVX
Transactions as of
Feb 12, 2025
Transactions value $
$0
Form type
4
Date filed
2/14/2025, 06:48 PM
Previous filing
Feb 11, 2025
Next filing
Feb 19, 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 +95.6K +4.21% $0.00 2.36M Feb 12, 2025 Direct F1, F2
* 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 1,746,471 shares issuable upon the settlement of restricted stock units granted to the Reporting Person.