SEC Form 4 · accession 0001178913-18-001081
SOLAREDGE TECHNOLOGIES, INC. · SEDG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yoav Galin
Officer — VP Research & Development
Period of report
Mar 29, 2018
Accepted (ET)
Apr 2, 2018 · 3:45 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 | Mar 29, 2018 | S | 4,200 | $52.82 | D | 53,295 | D | |
| Common Stock | Mar 29, 2018 | M | 10,800 | $29.05 | A | 19,200 | D | |
| Common StockF1 | Mar 29, 2018 | S | 10,800 | $52.82 | D | 8,400 | 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 | $25.09 | Mar 29, 2018 | M | 10,800 | D | — | Aug 19, 2025 | Common Stock | 10,800 | 8,400 | 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 $52 to $53.4, inclusive, on March 29, 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 August 19, 2015 and vest over a four year period.