Enovix Corp — Director's Dealing 2021

Sep 11, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Enovix Corp (ENVX)
CIK: 0001828318
Period of Report: 2021-09-08

Reporting Person: RODGERS THURMAN J (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-08	Common Stock	J	5635000	$0.00	Disposed	115000	Indirect
2021-09-08	Common Stock	J	3800000	$0.00	Acquired	20926552	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-08	Warrant (Right to Buy)	$11.50	J	6000000	Disposed	2026-07-14	Common Stock (6000000)	Indirect
2021-09-08	Warrant (Right to Buy)	$11.50	J	4100000	Acquired	2026-07-14	Common Stock (4100000)	Indirect

Footnotes

F1: Reflects the in-kind distribution from Rodgers Capital, LLC, without consideration, to certain of its members, including the Reporting Person.

F2: The shares are held by Rodgers Capital, LLC for which the Reporting Person is the managing member and has voting and dispositive power over the shares.

F3: The shares are held by the Rodgers Massey Revocable Living Trust dtd 4/4/11 for which the Reporting Person is a trustee.

F4: Warrants become exercisable on the later of (i) 30 days after the completion of Issuer's initial business combination, which was on July 14, 2021, and (ii) 12 months from the closing of the Rodgers Silicon Valley Acquisition Corp. initial public offering, which was on December 4, 2020, and they expire five years after the completion of Issuer's initial business combination or earlier upon redemption or liquidation.