Reichow Gregory 4
4 · Enovix Corp · Filed Jan 3, 2022
Insider Transaction Report
Form 4
Enovix CorpENVX
Reichow Gregory
Director
Transactions
- Award
Common Stock
2021-12-31+1,054→ 2,108 total - Exercise/Conversion
Restricted Stock Units
2021-12-31−1,054→ 2,109 total→ Common Stock (1,054 underlying)
Holdings
- 15,629
Common Stock
Footnotes (4)
- [F1]The shares were acquired upon the settlement of the restricted stock unit ("RSU") described in Table II.
- [F2]Pursuant to the Eclipse GP III, LLC ("Eclipse GP III") LLC Agreement, the Reporting Person is deemed to hold the RSU for the benefit of Eclipse Ventures, LLC ("Eclipse"), which is entitled to hold the shares upon settlement of the RSU. Eclipse may be deemed the indirect beneficial owner of such shares, and the Reporting Person is a partner of and may be deemed to share voting and dispositive power over shares held by Eclipse. The Reporting Person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F4]25% of the RSU will vest as of the date of grant and the remainder will vest in three equal installments on each of December 31, 2021, March 31, 2022 and June 30, 2022, subject to the Reporting Person's continuous service through each applicable vesting date.