Badrinarayanan Kothandaraman - 10 Jun 2022 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Signature
/s/ Lisan Hung, Attorney-in-Fact for Badri Kothandaraman
Issuer symbol
ENPH
Transactions as of
10 Jun 2022
Net transactions value
-$15,059,130
Form type
4
Filing time
14 Jun 2022, 17:53:27 UTC
Previous filing
12 Apr 2022
Next filing
27 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Options Exercise $203,050 +155,000 +15% $1.31* 1,175,401 10 Jun 2022 Direct F1
transaction ENPH Common Stock Sale $2,593,117 -13,415 -1.1% $193.30 1,161,986 10 Jun 2022 Direct F2, F3
transaction ENPH Common Stock Sale $1,273,848 -6,552 -0.56% $194.42 1,155,434 10 Jun 2022 Direct F2, F4
transaction ENPH Common Stock Sale $2,166,652 -11,096 -0.96% $195.26 1,144,338 10 Jun 2022 Direct F2, F5
transaction ENPH Common Stock Sale $2,972,562 -15,136 -1.3% $196.39 1,129,202 10 Jun 2022 Direct F2, F6
transaction ENPH Common Stock Sale $2,608,959 -13,219 -1.2% $197.36 1,115,983 10 Jun 2022 Direct F2, F7
transaction ENPH Common Stock Sale $1,939,186 -9,769 -0.88% $198.50 1,106,214 10 Jun 2022 Direct F2, F8
transaction ENPH Common Stock Sale $515,613 -2,580 -0.23% $199.85 1,103,634 10 Jun 2022 Direct F2, F9
transaction ENPH Common Stock Sale $1,066,995 -5,314 -0.48% $200.79 1,098,320 10 Jun 2022 Direct F2, F10
transaction ENPH Common Stock Sale $125,250 -619 -0.06% $202.34 1,097,701 10 Jun 2022 Direct F2, F11

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ENPH Stock Option (Right to Buy) Options Exercise $0 -155,000 -39% $0.000000 244,660 10 Jun 2022 Common Stock 155,000 $1.31 Direct F2, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 99 shares purchased under the Enphase Energy 2009 ESPP Plan on May 15, 2022.
F2 The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $192.71 to $193.69. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F4 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $193.87 to $194.64. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F5 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $194.90 to $195.87. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F6 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $195.946 to $196.94. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F7 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $197.005 to $197.99. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F8 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $198.14 to $199.125. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F9 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $199.28 to $200.135. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F10 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $200.33 to $201.18. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F11 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $202.08 to $202.59. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F12 This stock option is fully vested