Badrinarayanan Kothandaraman - Jun 30, 2021 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Role
President & CEO, Director
Signature
/s/ Lisan Hung, Attorney-in-Fact for Badri Kothandaraman
Stock symbol
ENPH
Transactions as of
Jun 30, 2021
Transactions value $
-$5,495,490
Form type
4
Date filed
7/2/2021, 06:56 PM
Previous filing
May 19, 2021
Next filing
Oct 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Sale -$1.96M -10.7K -1.07% $182.55 996K Jun 30, 2021 Direct F1, F2
transaction ENPH Common Stock Sale -$3.14M -17.1K -1.72% $183.44 978K Jun 30, 2021 Direct F1, F3
transaction ENPH Common Stock Sale -$396K -2.15K -0.22% $184.32 976K Jun 30, 2021 Direct F1, F4
transaction ENPH Common Stock Award $0 +40K +4.1% $0.00 1.02M Jul 1, 2021 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $182.05 to $183.00. 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.
F3 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $183.06 to $183.94. 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.
F4 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $184.31 to $184.42. 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 RSUs issued pursuant to the 2021 Equity Incentive Plan.
F6 The RSUs will vest as follows: 50% on March 1, 2022 and 50% on March 1, 2023, subject to the employee remaining an employee in good standing.