SEC Form 4 · accession 0001178913-17-001501
SOLAREDGE TECHNOLOGIES, INC. · SEDG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dan Avida
Director
Period of report
May 11, 2017
Accepted (ET)
May 16, 2017 · 2:36 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 | May 11, 2017 | A | 5,618 | $0.00 | A | 2,532,004 | 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 annual award for service on the Board of Directors. The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the Company's next regular Annual General Meeting of Stockholders, 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). These RSUs may be settled solely in shares of common stock.
- F2Includes 2,500,000 shares held by Opus Capital Venture Partners V, L.P and its affiliates for which Mr. Avida has shared voting and investment power, 20,874 shares of common stock and RSUs owned by Mr. Avida, and 11,130 shares of common stock held by The Zarbu Revocable Trust, c/o Dan Avida.