Marcel Gani - Jun 1, 2021 Form 4 Insider Report for SOLAREDGE TECHNOLOGIES, INC. (SEDG)

Role: Director
Signature: /s/ Rachel Prishkolnik, Power of Attorney
Stock symbol: SEDG
Transactions as of: Jun 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/3/2021, 03:18 PM
Previous filing: May 25, 2021
Next filing: Jun 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SEDG	Common Stock	Award	$0	+684	+2.53%	$0.00	27.7K	Jun 1, 2021	see footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units ("RSUs") granted to the reporting person as an annual award for service on the Board of Directors. The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the Company's next regular Annual General Meeting of Stockholders, subject to continued board service through the applicable vesting date. The RSUs will vest in full upon the occurrence of a change in control (as defined in the SolarEdge Technologies, Inc. 2015 Global Incentive Plan). These RSUs may be settled solely in shares of common stock.
F2	Consists of 18,607 shares of common stock owned of record by Mr. Gani, 5,555 shares of common stock held directly by Marcel Gani 2002 Living Trust and 3,555 shares of common stock held directly by ALGA Partners LLC. Mr. Gani, in his capacity as trustee, has voting and investment power over the shares owned by the Marcel Gani 2002 Living Trust. Mr. Gani, in his capacity as manager, has voting and investment power over the shares owned by ALGA Partners LLC.

Content

Reflects restricted stock units ("RSUs") granted to the reporting person as an annual award for service on the Board of Directors. The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the Company's next regular Annual General Meeting of Stockholders, subject to continued board service through the applicable vesting date. The RSUs will vest in full upon the occurrence of a change in control (as defined in the SolarEdge Technologies, Inc. 2015 Global Incentive Plan). These RSUs may be settled solely in shares of common stock.

Consists of 18,607 shares of common stock owned of record by Mr. Gani, 5,555 shares of common stock held directly by Marcel Gani 2002 Living Trust and 3,555 shares of common stock held directly by ALGA Partners LLC. Mr. Gani, in his capacity as trustee, has voting and investment power over the shares owned by the Marcel Gani 2002 Living Trust. Mr. Gani, in his capacity as manager, has voting and investment power over the shares owned by ALGA Partners LLC.