SEC Form 4 · accession 0001178913-18-001037

SOLAREDGE TECHNOLOGIES, INC. · SEDG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Guy Sella

Officer — CEO

Period of report

Mar 23, 2018

Accepted (ET)

Mar 30, 2018 · 6:02 am 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
Common Stock	Mar 23, 2018	M	59,091	$5.01	A	200,000	D
Common Stock	Mar 26, 2018	M	61,289	$5.01	A	140,909	D
Common Stock	Mar 27, 2018	M	29,620	$5.01	A	79,620	D
Common Stock^F1	Mar 23, 2018	S	42,129	$54.789	D	157,871	D
Common Stock^F2	Mar 23, 2018	S	16,962	$55.21	D	140,909	D
Common Stock^F3	Mar 26, 2018	S	7,871	$55.365	D	133,038	D
Common Stock^F4	Mar 26, 2018	S	53,418	$56.18	D	79,620	D
Common Stock^F5	Mar 27, 2018	S	29,620	$57.312	D	50,000	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)^F6	$5.01	Dec 22, 2014	M	59,091	D	—	Dec 22, 2024	Common Stock	59,091	140,909	D
Employee Stock Option (right to buy)^F6	$5.01	Dec 22, 2014	M	61,289	D	—	Dec 22, 2024	Common Stock	61,289	79,620	D
Employee Stock Option (right to buy)^F6	$5.01	Dec 22, 2014	M	29,620	D	—	Dec 22, 2024	Common Stock	29,620	50,000	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 $53.9 to $55.75, inclusive, on March 23, 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).
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.75, inclusive, on March 23, 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).
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.8 to $56.05, inclusive, on March 26, 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).
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $56.9, inclusive, on March 26, 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).
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.15 to $58.15, inclusive, on March 26, 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).
F6The Employee Stock Options were granted on December 22, 2014 and vest over a four year period.