SEC Form 4 · accession 0001543777-17-000006
Enphase Energy, Inc. · ENPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Badrinarayanan Kothandaraman
Officer — VP & COO
Period of report
Apr 16, 2017
Accepted (ET)
Apr 18, 2017 · 8:21 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 | $1.31 | Apr 16, 2017 | A | 1,000,000 | A | — | Apr 15, 2024 | Stock Option (Right to Buy) | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F11/4 of the total number of shares subject to the Option granted shall vest and become exercisable on April 10, 2018 and in equal monthly installments thereafter until the Option is fully vested on April 10, 2021, subject to the grantee's continuous service as defined in the Plan.