SEC Form 4 · accession 0001209191-16-111265
Enphase Energy, Inc. · ENPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kris Sennesael
Officer — VP and CFO
Period of report
Mar 29, 2016
Accepted (ET)
Mar 31, 2016 · 5:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001463101
Table I — non-derivative securities
No Table I lines on this filing.
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)F1,F2 | $2.14 | Mar 29, 2016 | A | 110,000 | A | — | Mar 28, 2023 | Common Stock | 110,000 | 110,000 | D |
Explanation of responses
- F1Issued pursuant to the 2011 Equity Incentive Plan (the "Plan").
- F21/48th of the total number of shares subject to the Option granted shall vest and become exercisable on each monthly anniversary of the Vesting Commencement Date (February 1, 2016) until the Option is 100% vested or vesting earlier terminates in accordance with the applicable stock option agreement, subject to the optionee's Continuous Service (as defined in the Plan).