Eclipse Fund III, L.P. 4
4 · Enovix Corp · Filed Aug 19, 2022
Insider Transaction Report
Form 4
Enovix CorpENVX
Eclipse GP III, LLC
10% Owner
Transactions
- Other
Common Stock
2022-08-18−5,000,000→ 12,583,258 total(indirect: See footnote) - Other
Common Stock
2022-08-18−50,000→ 0 total - Other
Common Stock
2022-08-18+50,000→ 50,000 total
Footnotes (5)
- [F1]Represents a pro rata in-kind distribution, and not a purchase or sale, without additional consideration by Eclipse Fund III, L.P. ("Eclipse III") to its general and limited partners.
- [F2]The securities are held directly by Eclipse III. Eclipse GP III, LLC ("Eclipse III GP") is the general partner of Eclipse III and may be deemed to have voting and dispositive power over the shares held by Eclipse III. Lior Susan is the sole managing member of Eclipse III GP and may be deemed to have voting and dispositive power over the shares held by Eclipse III. Eclipse III GP and Mr. Susan disclaim beneficial ownership of the shares held by Eclipse III except to the extent of his pecuniary interests therein, if any.
- [F3]Represents a change in the form of ownership of Eclipse III GP by virtue of the receipt of shares in the pro-rata in-kind distribution of common stock of the Issuer for no consideration by Eclipse III.
- [F4]The securities are held directly by Eclipse III GP. Lior Susan is the sole managing member of Eclipse III GP and may be deemed to have voting and dispositive power over the shares held by Eclipse III GP. Mr. Susan disclaims beneficial ownership of the shares held by Eclipse III GP except to the extent of his pecuniary interests therein, if any.
- [F5]Represents a pro-rata in-kind distribution, and not a purchase or sale, without additional consideration by Eclipse III GP to its members.