4//SEC Filing
RUST HARROLD J 4
Accession 0001209191-21-047042
CIK 0001828318other
Filed
Jul 15, 8:00 PM ET
Accepted
Jul 16, 8:55 PM ET
Size
16.9 KB
Accession
0001209191-21-047042
Insider Transaction Report
Form 4
Enovix CorpENVX
RUST HARROLD J
DirectorPresident and CEO
Transactions
- Award
Stock Option (Right to Buy)
2021-07-14+1,107,677→ 1,107,677 totalExercise: $9.26Exp: 2031-04-19→ Common Stock (1,107,677 underlying) - Award
Stock Option (Right to Buy)
2021-07-14+266,156→ 266,156 totalExercise: $9.26Exp: 2031-04-19→ Common Stock (266,156 underlying) - Award
Common Stock
2021-07-14+1,376,031→ 1,376,031 total(indirect: By Trust) - Award
Stock Option (Right to Buy)
2021-07-14+24,230→ 24,230 totalExercise: $0.05Exp: 2027-12-13→ Common Stock (24,230 underlying)
Footnotes (8)
- [F1]Received pursuant to the Agreement and Plan of Merger, dated as of February 22, 2021, by and among Rodgers Silicon Valley Acquisition Corp, a Delaware corporation ("RSVAC"), RSVAC Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of RSVAC ("Merger Sub"), and Enovix Corporation, a Delaware corporation ("Legacy Enovix"), pursuant to which (i) Merger Sub merged with and into Enovix, with Enovix surviving the merger as a wholly owned subsidiary of RSVAC and (ii) RSVAC changed its name to Enovix Corporation.
- [F2]The shares are held by the Harrold and Margaret Rust Family Trust UTD May 15, 1996, for which the Reporting Person is a trustee.
- [F3]The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments beginning on the vesting commencement date, September 1, 2017, subject to Reporting Person's continuous service through each such vesting date.
- [F4]Received in exchange for a stock option to purchase 131,250 shares of Legacy Enovix Common Stock.
- [F5]The shares subject to the option are immediately exercisable and vest in 60 equal monthly installments beginning on the vesting commencement date, April 18, 2021, subject to Reporting Person's continuous service through each such vesting date.
- [F6]Received in exchange for a stock option to purchase 6,000,000 shares of Legacy Enovix Common Stock.
- [F7]The shares subject to the option are immediately exercisable. 1/120th of the shares subject to the option vest monthly over 4 years beginning on the vesting commencement date, April 18, 2021, and 1/20th of the shares subject to the option vest monthly thereafter over the next year, subject to Reporting Person's continuous service through each such vesting date.
- [F8]Received in exchange for a stock option to purchase 1,441,700 shares of Legacy Enovix Common Stock.
Issuer
Enovix Corp
CIK 0001828318
Entity typeother
Related Parties
1- filerCIK 0001256956
Filing Metadata
- Form type
- 4
- Filed
- Jul 15, 8:00 PM ET
- Accepted
- Jul 16, 8:55 PM ET
- Size
- 16.9 KB