SEC Form 4 · accession 0001463101-17-000124
Enphase Energy, Inc. · ENPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Ranhoff
Officer — VP & Chief Commercial Officer
Period of report
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 9:28 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | Dec 1, 2017 | A | 1,000,000 | $0.00 | A | 1,000,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Issued pursuant to the 2011 Equity Incentive Plan
- F2The RSUs shall vest as follows: (a) 25% of the shares (rounded down to the nearest whole share) shall vest on the Initial Vest Date (February 15, 2019; and (b) thereafter 12.5% of the shares (rounded down to the nearest whole share, except for the last vesting installment) shall vest and become exercisable on each six-month anniversary of the Initial Vest Date, provided that the grantee remains in Continuous Service (as defined in the Plan) from the date of grant through each such vesting date.