Petrick Michael J. 4
4 · Enovix Corp · Filed Jul 16, 2021
Insider Transaction Report
Form 4
Enovix CorpENVX
Petrick Michael A
Director
Transactions
- Award
Common Stock
2021-07-14+2,958,219→ 2,958,219 total(indirect: By Trust) - Award
Stock Option (Right to Buy)
2021-07-14+110,767→ 110,767 totalExercise: $9.26Exp: 2031-04-19→ Common Stock (110,767 underlying)
Footnotes (4)
- [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 Michael John Petrick and Leslie Anderson Petrick, as Trustees of the Michael John Petrick Revocable Trust, as amended.
- [F3]The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments beginning on the vesting commencement date, April 18, 2019, subject to Reporting Person's continuous service through each such vesting date.
- [F4]Received in exchange for a stock option to purchase 600,000 shares of Legacy Enovix Common Stock.