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Enovix Corp — Director's Dealing 2021
Oct 22, 2021
31619_dirs_2021-10-22_3bfa23b6-c8e1-44e7-ad25-bb963da6d4f6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Enovix Corp (ENVX)
CIK: 0001828318
Period of Report: 2021-10-20
Reporting Person: Reichow Gregory (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-20 | Common Stock | A | 1054 | $0.00 | Acquired | 1054 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-20 | Restricted Stock Units | $ | A | 4217 | Acquired | Common Stock (4217) | Direct | |
| 2021-10-20 | Restricted Stock Units | $ | M | 1054 | Disposed | Common Stock (1054) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15629 | Direct |
Footnotes
F1: The shares were acquired upon the settlement of the restricted stock unit ("RSU") described in Table II.
F2: Pursuant to the Eclipse GP III, LLC ("Eclipse GP III") LLC Agreement, the Reporting Person is deemed to hold the RSU for the benefit of Eclipse Ventures, LLC ("Eclipse"), which is entitled to hold the shares upon settlement of the RSU. Eclipse may be deemed the indirect beneficial owner of such shares, and the Reporting Person is a partner of and may be deemed to share voting and dispositive power over shares held by Eclipse. The Reporting Person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F3: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F4: 25% of the RSU will vest as of the date of grant and the remainder will vest in three equal installments on each of December 31, 2021, March 31, 2022 and June 30, 2022, subject to the Reporting Person's continuous service through each applicable vesting date.