4//SEC Filing
Talluri Rajendra K 4
Accession 0001961877-25-000008
CIK 0001828318other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 6:43 PM ET
Size
8.7 KB
Accession
0001961877-25-000008
Insider Transaction Report
Form 4
Enovix CorpENVX
Talluri Rajendra K
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2025-08-18$10.17/sh−17,617$179,165→ 2,383,201 total - Sale
Warrant (Right to Buy)
2025-08-15$1.68/sh−30,187$50,756→ 0 totalExercise: $8.75From: 2025-07-21Exp: 2026-10-01→ Common Stock, par value $0.0001 (30,187 underlying)
Footnotes (5)
- [F1]Reflects the withholding of shares of the Issuer's common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") on August 18, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Includes1,853,852 shares issuable upon the settlement of RSUs granted to the Reporting Person.
- [F3]Table II of this Form 4 relates to a sale of publicly-traded warrants (the "Warrants") previously distributed to the Reporting Person. The Warrants were distributed by the Issuer on July 21, 2025 at no cost to the Reporting Person, 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").
- [F4]The Warrants will expire and cease to be exercisable at 5:00 p.m. New York City time on October 1, 2026 (the Expiration Date). The Expiration Date is subject to automatic acceleration upon satisfaction of the early expiration price condition (as defined in the Warrant Agreement) and subject to the other terms of the Warrant Agreement.
- [F5]The price reported in Column 8 is a weighted-average price. The warrants were sold in multiple transactions ranging from $1.55 to $1.78, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Documents
Issuer
Enovix Corp
CIK 0001828318
Entity typeother
Related Parties
1- filerCIK 0001961877
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 6:43 PM ET
- Size
- 8.7 KB