Arthi Chakravarthy - Mar 7, 2025 Form 4 Insider Report for Enovix Corp (ENVX)

Signature
/s/ Arthi Chakravarthy
Stock symbol
ENVX
Transactions as of
Mar 7, 2025
Transactions value $
-$53,348
Form type
4
Date filed
3/11/2025, 08:07 PM
Previous filing
Feb 25, 2025
Next filing
Mar 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENVX Common Stock Award $0 +9.96K +2.87% $0.00 356K Mar 7, 2025 Direct F1, F2
transaction ENVX Common Stock Tax liability -$45.3K -5.26K -1.48% $8.61 351K Mar 7, 2025 Direct F2, F3
transaction ENVX Common Stock Tax liability -$8.04K -934 -0.27% $8.61 350K Mar 8, 2025 Direct F2, F4
* 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 fully vested awards of restricted stock units ("RSUs") on March 7, 2025. These RSUs represent the Reporting Person's award bonuses earned for the quarter and year ended December 29, 2024. Each RSU represents a contingent right to receive one share of Issuer's common stock.
F2 Of this amount, 285,973 were unvested RSUs as of March 8, 2025.
F3 Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the receipt of fully vested award of RSUs on March 7, 2025.
F4 Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of RSUs on March 8, 2025.