Form 4 for ENVX Enovix Corp
Accepted 2022-01-03 00:00:00 ET · period of report 2021-12-31 · accession 0001209191-22-000372 · 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 | 2022-01-03 | 2021-12-31 | ENVX | Reichow Gregory | Dir | A - Grant | $0.00 | +1,054 | 2,108 | +100% | $0 |
| D | 2022-01-03 | 2021-12-31 | ENVX | Reichow Gregory | Dir | M - OptEx | $0.00 | -1,054 | 2,109 | -33% | $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 | 2021-12-31 | A | A | 1,054 | $0.00 | 2,108 | D | — | — | (F1) The shares were acquired upon the settlement of the restricted stock unit ("RSU") described in Table II. (F2) Pursuant to the Eclipse GP III, LLC ("Eclipse GP III") LLC Agreement, the Reporting Person is deemed to hold the RSU for the benefit of Eclipse Ventures, LLC ("Eclipse"), which is entitled to hold the shares upon settlement of the RSU. 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. |
| 2 | Derivative | Restricted Stock Units | 2021-12-31 | M | D | 1,054 | $0.00 | 2,109 | D | — · — to — | 1,054 Common Stock | (F2) Pursuant to the Eclipse GP III, LLC ("Eclipse GP III") LLC Agreement, the Reporting Person is deemed to hold the RSU for the benefit of Eclipse Ventures, LLC ("Eclipse"), which is entitled to hold the shares upon settlement of the RSU. 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) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F4) 25% of the RSU will vest as of the date of grant and the remainder will 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. |