SEC Form 4 · accession 0001209191-16-092206
Enphase Energy, Inc. · ENPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul B Nahi
Officer — President and CEO · Director
Period of report
Jan 14, 2016
Accepted (ET)
Jan 19, 2016 · 6:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001463101
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 14, 2016 | M | 100,000 | $0.27 | A | 832,012 | D | |
| Common Stock | Jan 15, 2016 | M | 100,000 | $0.27 | A | 932,012 | D | |
| Common StockF2 | holding | — | — | — | 55,066 | I | Held in Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $0.27 | Jan 14, 2016 | M | 100,000 | D | — | Jul 15, 2019 | Common Stock | 100,000 | 510,558 | D |
| Stock Option (Right to Buy)F3 | $0.27 | Jan 15, 2016 | M | 100,000 | D | — | Jul 15, 2019 | Common Stock | 100,000 | 410,558 | D |
Explanation of responses
- F1Balance includes a non-reportable acquisition of 1565 shares purchased through the Company's 2011 Employee Stock Purchase Plan.
- F2The shares are held in trust for Mr. Nahi's children. Mr. Nahi disclaims beneficial ownership of the shares.
- F3The option was granted on July 16, 2009 and vested incrementally over a four-year period.