SEC Form 4 · accession 0001463101-17-000099
Enphase Energy, Inc. · ENPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Badrinarayanan Kothandaraman
Officer — President & CEO
Period of report
Sep 13, 2017
Accepted (ET)
Sep 14, 2017 · 4:28 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 | $1.29 | Sep 13, 2017 | A | 1,000,000 | A | — | Sep 2, 2024 | Common Stock | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F1Issued pursuant to the 2011 Equity Incentive Plan.
- F21/4 of the total number of shares subject to the Option granted shall vest and become exercisable on September 3, 2018 and in equal monthly installments thereafter until the Option is fully vested on September 3, 2021, subject to the grantee's continuous service as defined in the Plan.