SEC Form 4 · accession 0001178913-16-005776
SOLAREDGE TECHNOLOGIES, INC. · SEDG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guy Sella
Officer — CEO and Chairman of the Board · Director
Period of report
Nov 30, 2015
Accepted (ET)
Jun 30, 2016 · 4:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001419612
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 30, 2015 | M | 1,875 | $0.00 | A | 435,208 | D | |
| Common StockF1 | Feb 22, 2016 | A | 6,000 | $0.00 | A | 441,208 | D | |
| Common Stock | Feb 29, 2016 | M | 1,875 | $0.00 | A | 443,083 | D | |
| Common Stock | May 31, 2016 | M | 1,875 | $0.00 | A | 444,958 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Nov 30, 2015 | M | 1,875 | D | — | — | Common Stock | 1,875 | 28,175 | D |
| Restricted Stock UnitsF2 | $0.00 | Feb 29, 2016 | M | 1,875 | D | — | — | Common Stock | 1,875 | 26,250 | D |
| Restricted Stock UnitsF2 | $0.00 | May 31, 2016 | M | 1,875 | D | — | — | Common Stock | 1,875 | 24,375 | D |
Explanation of responses
- F1Represents performance-based restricted stock units that became subject solely to time based vesting requirements in equal quarterly installments over a four-year period of continued service beginning on August 30, 2015. These restricted stock units may only be settled in shares of common stock.
- F2Represents the vesting of restricted stock units subject to time-based vesting in equal quarterly installments over a four-year period of continued service beginning on August 30, 2015.