SEC Form 4 · accession 0001178913-18-000603
SOLAREDGE TECHNOLOGIES, INC. · SEDG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yoav Galin
Officer — VP Research and Development
Period of report
Feb 15, 2018
Accepted (ET)
Feb 16, 2018 · 5:13 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,F2 | Feb 15, 2018 | S | 10,000 | $44.329 | D | 53,333 | D | |
| Common Stock | Feb 15, 2018 | M | 25,000 | $5.01 | A | 31,666 | D | |
| Common StockF1 | Feb 15, 2018 | S | 25,000 | $44.329 | D | 6,666 | 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 | $5.01 | Feb 15, 2018 | M | 25,000 | D | — | Oct 29, 2024 | Common Stock | 25,000 | 6,666 | 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 $42 to $45.95, inclusive, on February 15, 2018. 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).
- F2Reflects shares of common stock held and RSUs that are subject to vesting.
- F3The Employee Stock Options were granted on October 29, 2014 and vest over a four year period.