SEC Form 4 · accession 0001178913-17-000625
SOLAREDGE TECHNOLOGIES, INC. · SEDG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zvi Lando
Officer — Vice President, Global Sales
Period of report
Feb 17, 2017
Accepted (ET)
Feb 24, 2017 · 3:25 pm EST
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 | Feb 17, 2017 | A | 22,146 | $0.00 | A | 31,611 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $14.65 | Feb 17, 2017 | A | 40,948 | A | — | Feb 17, 2027 | Common stock | 40,948 | 40,948 | D |
Explanation of responses
- F1Represents restricted stock units that will vest, and be settled in exchange for shares of SolarEdge Technologies Inc. common stock, in sixteen equal quarterly installments over a four-year period of continued service beginning on May 31, 2017. These restricted stock units may only be settled in shares of common stock.
- F2The option becomes exercisable and vests in sixteen equal quarterly installments over a four-year period of continued service beginning on August 31, 2016.