Steven J. Gomo - 23 Nov 2021 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Role: Director
Signature: /s/ Lisan Hung, Attorney-in-Fact for Steven Gomo
Issuer symbol: ENPH
Transactions as of: 23 Nov 2021
Net transactions value: +$162,555
Form type: 4
Filing time: 24 Nov 2021, 16:04:21 UTC
Previous filing: 14 Oct 2021
Next filing: 14 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENPH	Common Stock	Options Exercise	$162,555	+12,932	+48%	$12.57	39,728	23 Nov 2021	Direct

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	Non-qualified stock option (right to buy)	Options Exercise	$0	-12,932	-100%	$0.000000^*	0	23 Nov 2021	Common Stock	12,932	$12.57	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Issued pursuant to the 2011 Equity Incentive Plan.
F2	Such option will vest in twelve (12) equal monthly installments from the grant date, such that the option is fully vested on the one-year anniversary of the date of grant, subject to the Director's Continuous Service (as defined in the 2011 Equity Incentive Plan).