Form 4 for ENVX Enovix Corp
Accepted 2021-07-16 00:00:00 ET · period of report 2021-07-14 · accession 0001209191-21-047054 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-07-16 | 2021-07-14 | ENVX | RODGERS THURMAN J | Dir, 10% | A - Grant | — | +17.13M | 17.13M | New | — |
| DI | 2021-07-16 | 2021-07-14 | ENVX | RODGERS THURMAN J | Dir, 10% | A - Grant | $0.00 | +6.00M | 6.00M | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-14 | A | A | 17,126,552 | — | 17,126,552 | I Trust | — | — | (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. (F2) The shares are held by the Rodgers Massey Revocable Living Trust dtd 4/4/11 for which the Reporting Person is a trustee. |
| 2 | Derivative | Warrant (Right to Buy) | 2021-07-14 | A | A | 6,000,000 | $0.00 | 6,000,000 | I LLC | $11.50 · — to 2026-07-14 | 6,000,000 Common Stock | (F3) The shares are held by Rodgers Capital, LLC for which the Reporting Person is the managing member and has voting and dispositive power over the shares. (F4) Warrants become exercisable on the later of (i) 30 days after the completion of our initial business combination, which was on July 14, 2021, and (ii) 12 months from the closing of the RSVAC initial public offering, which was on December 4, 2020, and they expire five years after the completion of our initial business combination or earlier upon redemption or liquidation. |