Jeff McNeil - Feb 21, 2022 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Signature
/s/ Lisan Hung, Attorney-in-fact for Jeff McNeil
Stock symbol
ENPH
Transactions as of
Feb 21, 2022
Transactions value $
-$6,513,445
Form type
4
Date filed
3/3/2022, 08:08 PM
Previous filing
Feb 18, 2022
Next filing
Apr 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Award $0 +20K +29.67% $0.00 87.4K Feb 21, 2022 Direct F1
transaction ENPH Common Stock Sale -$3.38M -20.8K -23.78% $162.81 66.6K Mar 2, 2022 Direct F2, F3
transaction ENPH Common Stock Sale -$578K -3.59K -5.39% $160.80 63K Mar 3, 2022 Direct F4, F5
transaction ENPH Common Stock Sale -$760K -4.7K -7.46% $161.61 58.3K Mar 3, 2022 Direct F4, F6
transaction ENPH Common Stock Sale -$326K -2K -3.43% $163.09 56.3K Mar 3, 2022 Direct F4, F7
transaction ENPH Common Stock Sale -$803K -4.9K -8.69% $163.86 51.4K Mar 3, 2022 Direct F4, F8
transaction ENPH Common Stock Sale -$663K -4.02K -7.82% $164.83 47.4K Mar 3, 2022 Direct F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On this date, the Compensation Committee certified the achievement of the performance criteria under a performance award originally granted on July 1, 2021 under the 2021 Equity Incentive Plan. The shares vested on March 1, 2022.
F2 Represents shares sold by the reporting person to satisfy the tax withholding obligation associated with the vesting of a portion of the restricted stock units (RSUs) and performance stock units (PSUs) vested on March 1, 2022.
F3 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $162.59 to $162.86. 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 The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F5 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $160.21 to $161.20. 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 $161.26 to $162.22. 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 $162.35 to $163.38. 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 $163.40 to $164.31. 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 $164.45 to $165.17. 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.