August 14, 2025 · Form 4 insider transaction
Rodgers Thurman J sold 500,000 shares of Enovix Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as gift and disclosed on an SEC Form 4, filed 0 days after the transaction.
This Form 4 relates to a bona fide gift of publicly-traded warrants (the "Warrants") previously distributed to the Rodgers Massey Revocable Living Trust dtd 4/4/11 (the Trust) for which the Reporting Person is a trustee and has voting and dispositive power over the Warrants. 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").; Represents a bona fide gift of 500,000 Warrants from the Trust to a donor advised fund.; 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.; The remaining Warrants are held by the Trust for which the Reporting Person is a trustee and has voting and dispositive power over the Warrants.