Ebrahimi Pegah 4
4 · Enovix Corp · Filed Sep 2, 2025
Insider Transaction Report
Form 4
Enovix CorpENVX
Ebrahimi Pegah
Director
Transactions
- Exercise of In-Money
Common Stock
2025-08-29$8.75/sh+6,299$55,116→ 72,939 total - Exercise of In-Money
Warrant (Right to Buy)
2025-08-29−6,299→ 0 totalExercise: $8.75From: 2025-07-21Exp: 2025-08-29→ Common Stock, par value $0.0001 (6,299 underlying)
Footnotes (3)
- [F1]Reflects shares issued upon the exercise of publicly-traded warrants (the "Warrants") by the Reporting Person. The Warrants were distributed by the Issuer on July 21, 2025, 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]Includes 22,543 shares issuable upon the settlement of restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F3]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.