SEC Form 4 · accession 0001463101-17-000116

Enphase Energy, Inc. · ENPH

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

Reporting owner

Director

Period of report

Nov 20, 2017

Accepted (ET)

Nov 22, 2017 · 4:01 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
Common Stock	Nov 20, 2017	M	35,326	$0.70	A	35,326	D
Common Stock^F1	Nov 20, 2017	S	35,326	$2.584	D	0	D
Common Stock	Nov 21, 2017	M	20,200	$0.70	A	20,200	D
Common Stock^F2	Nov 21, 2017	S	20,200	$2.7287	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option (right to buy)^F3,F4	$0.70	Nov 20, 2017	M	35,326	D	—	May 17, 2024	Common Stock	35,326	75,726	D
Option (right to buy)^F3,F5,F4	$0.70	Nov 21, 2017	M	20,200	D	—	May 17, 2024	Common Stock	20,200	55,526	D

F1The price reported in Table I, column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.51 to $2.645.
F2The price reported in Table I, column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.71 to $2.77.
F3Issued pursuant to the 2011 Equity Incentive Plan.
F4Such option will vest in 12 equal monthly installments from the grant date, such that the option is fully vested on the one-year anniversary of the date of grant, subject to the Director's Continuous Service (as defined in the 2011 Equity Incentive Plan).
F5Remaining options in Table II, column 9 are unvested as of the date of this filing. All vested options from this grant have been exercised.