SEC Form 4/A · accession 0001178913-16-006274
SOLAREDGE TECHNOLOGIES, INC. · SEDG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
More Avery
Director
Period of report
Apr 1, 2015
Accepted (ET)
Aug 17, 2016 · 4:42 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 StockF1,F2 | Apr 1, 2015 | A | 6,744 | $0.00 | A | 699,414 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects restricted stock units ("RSUs") granted to the reporting person as an initial award for service on the Board of Directors following consummation of the Company's initial public offering. The RSUs vest in equal annual installments over three years (with the first vesting date occurring April 1, 2016), subject to continued board service through the applicable vesting date. The RSUs will vest in full upon the occurrence of a change in control (as defined in the SolarEdge Technologies, Inc. 2015 Global Incentive Plan). The original Form 4 filed on August 24, 2015 is amended by this Form 4 amendment to report the grant of such RSUs in Table I instead of Table II. These RSUs may be settled solely in shares of common stock.
- F2Includes 164,572 shares of common stock owned of record by Mr. More, 469,850 shares of common stock held by ORR Partners I GP, LP, a limited partnership controlled by Avery More, 28,752 shares held by Avery More's wife, Jerralyn Smith More, as to which Avery More disclaims any ownership interest and 25,000 shares held by MentorMore Foundation, a private charitable foundation of which Avery More serves as President; Avery More disclaims any ownership interest in such shares.