Eric Branderiz - 14 Feb 2022 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Role
EVP & Chief Financial Officer
Signature
/s/ Lisan Hung, Attorney-in-Fact for Eric Branderiz
Issuer symbol
ENPH
Transactions as of
14 Feb 2022
Net transactions value
-$6,600,198
Form type
4
Filing time
14 Feb 2022, 18:02:35 UTC
Previous filing
17 Dec 2021
Next filing
06 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Award $0 +11,000 +12% $0.000000 104,691 14 Feb 2022 Direct F1
transaction ENPH Common Stock Award $0 +11,000 +11% $0.000000 115,691 14 Feb 2022 Direct F1
transaction ENPH Common Stock Tax liability $6,600,198 -45,857 -40% $143.93 69,834 14 Feb 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Eric Branderiz is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Award of performance stock units upon the recognized achievement of certain performance criteria under a performance award originally granted on July 1, 2021 under the 2021 Equity Incentive Plan.
F2 Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the accelerated vesting of the Reporting Person's equity awards upon his retirement from his position as Chief Financial Officer.