Form 4 for ENVX Enovix Corp

Accepted 2021-07-16 00:00:00 ET · period of report 2021-07-14 · accession 0001209191-21-047053 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2021-07-16	2021-07-14	ENVX	ATKINS BETSY S	Dir	A - Grant	—	+110.8K	110.8K	New	—
D	2021-07-16	2021-07-14	ENVX	ATKINS BETSY S	Dir	A - Grant	—	+51.7K	51.7K	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-07-14	A	A	110,768	—	110,768	D	—	—	(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.
2	Derivative	Stock Option (Right to Buy)	2021-07-14	A	A	51,691	—	51,691	D	$9.26 · — to 2031-04-19	51,691 Common Stock	(F3) Received in exchange for a stock option to purchase 280,000 shares of Legacy Enovix Common Stock. (F2) The shares subject to the option are immediately exercisable and vest in 48 equal monthly installments beginning on the vesting commencement date, April 18, 2021, subject to Reporting Person's continuous service through each such vesting date.