4//SEC Filing
Rodgers Thurman J 4
Accession 0001183967-25-000012
CIK 0001828318other
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 9:12 PM ET
Size
10.0 KB
Accession
0001183967-25-000012
Insider Transaction Report
Form 4
Enovix CorpENVX
RODGERS THURMAN J
Director10% Owner
Transactions
- Sale
Warrant (Right to Buy)
2025-08-29$0.60/sh−1,259,211$755,527→ 0 total(indirect: By Trust)Exercise: $8.75From: 2025-07-21Exp: 2026-10-01→ Common Stock, par value $0.0001 (1,259,211 underlying) - Sale
Warrant (Right to Buy)
2025-08-28$1.27/sh−655,255$832,174→ 1,259,211 total(indirect: By Trust)Exercise: $8.75From: 2025-07-21Exp: 2026-10-01→ Common Stock, par value $0.0001 (655,255 underlying)
Footnotes (5)
- [F1]This Form 4 relates to sales of publicly-traded warrants (the "Warrants") previously distributed to the Reporting Person. The Warrants were distributed by the Issuer on July 21, 2025 at no cost to the Reporting Person, and each Warrant entitles the holder to purchase one share of common stock at an exercise price of $8.75 per share in accordance with the Warrant Agreement dated July 21, 2025 between the Issuer and Computershare Trust Company N.A., as warrant agent (the "Warrant Agreement").
- [F2]In accordance with the Warrant Agreement, the original expiration date ceased to be exercisable at 5:00 p.m. New York City time on October 1, 2026 (the Expiration Date), subject to automatic acceleration upon satisfaction of the early expiration price condition. On August 28, 2025, the early expiration price condition was met and the expiration date for the warrants was accelerated to be on August 29, 2025. The Warrants was ceased to be exercisable prior to 5:00pm New York City time on August 29, 2025.
- [F3]The price reported in Column 8 is a weighted-average price. The shares were sold in multiple transactions ranging from $1.20 to $1.44, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The remaining Warrants are held by the Trust for which the Reporting Person is a trustee and has voting and dispositive power over the Warrants.
- [F5]The price reported in Column 8 is a weighted-average price. The shares were sold in multiple transactions ranging from $0.59 to $0.67, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Documents
Issuer
Enovix Corp
CIK 0001828318
Entity typeother
Related Parties
1- filerCIK 0001183967
Filing Metadata
- Form type
- 4
- Filed
- Sep 1, 8:00 PM ET
- Accepted
- Sep 2, 9:12 PM ET
- Size
- 10.0 KB