Reichow Gregory 4
4 · Enovix Corp · Filed Apr 4, 2022
Insider Transaction Report
Form 4
Enovix CorpENVX
Reichow Gregory
Director
Transactions
- Exercise/Conversion
Common Stock
2022-03-31+1,054→ 3,162 total - Exercise/Conversion
Restricted Stock Units
2022-03-31−1,054→ 1,055 total→ Common Stock (1,054 underlying)
Holdings
- 15,629
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Pursuant to the Eclipse GP III, LLC ("Eclipse GP III") LLC Agreement, the Reporting Person is deemed to hold the RSUs for the benefit of Eclipse Ventures, LLC ("Eclipse"), which is entitled to hold the shares upon settlement of the RSUs. 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]On October 20, 2021, the Reporting Person was granted 4,217 RSUs, of which 25% vested on the grant date and the remainder 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.