SEC Form 4 · accession 0001178913-17-002823
SOLAREDGE TECHNOLOGIES, INC. · SEDG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronen Faier
Officer — Chief Financial Officer
Period of report
Oct 16, 2017
Accepted (ET)
Oct 18, 2017 · 3:47 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 | Sep 27, 2017 | M | 34,600 | $2.01 | A | 50,000 | D | |
| Common StockF1 | Sep 27, 2017 | S | 34,600 | $30.232 | D | 15,400 | D | |
| Common Stock | Sep 27, 2017 | M | 15,400 | $2.01 | A | 15,400 | D | |
| Common StockF2 | Sep 27, 2017 | S | 15,400 | $30.662 | D | 0 | 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)F3 | $2.01 | Oct 16, 2017 | M | 34,600 | D | — | Jan 26, 2021 | Common Stock | 34,000 | 15,400 | D |
| Employee stock option (right to buy)F3 | $2.01 | Oct 17, 2017 | M | 15,400 | D | — | Jan 26, 2021 | Common Stock | 15,400 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30 to $30.75, inclusive, on October 16, 2017. The reporting person undertakes to provide to SolarEdge Technologies, Inc., any security holder of SolarEdge Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. Transactions reported on this Form 4 were made pursuant to trading instructions adopted by the undersigned that are intended to comply with Rule 10b5-1(c).
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.3 to $30.95, inclusive, on October 17, 2017. The reporting person undertakes to provide to SolarEdge Technologies, Inc., any security holder of SolarEdge Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4. Transactions reported on this Form 4 were made pursuant to trading instructions adopted by the undersigned that are intended to comply with Rule 10b5-1(c).
- F3The Employee Stock Options were granted on January 26, 2011 and vested over a four year period.