Badrinarayanan Kothandaraman - Jun 10, 2022 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Signature
/s/ Lisan Hung, Attorney-in-Fact for Badri Kothandaraman
Stock symbol
ENPH
Transactions as of
Jun 10, 2022
Transactions value $
-$15,059,130
Form type
4
Date filed
6/14/2022, 05:53 PM
Previous filing
Apr 12, 2022
Next filing
Jun 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Options Exercise $203K +155K +15.19% $1.31* 1.18M Jun 10, 2022 Direct F1
transaction ENPH Common Stock Sale -$2.59M -13.4K -1.14% $193.30 1.16M Jun 10, 2022 Direct F2, F3
transaction ENPH Common Stock Sale -$1.27M -6.55K -0.56% $194.42 1.16M Jun 10, 2022 Direct F2, F4
transaction ENPH Common Stock Sale -$2.17M -11.1K -0.96% $195.26 1.14M Jun 10, 2022 Direct F2, F5
transaction ENPH Common Stock Sale -$2.97M -15.1K -1.32% $196.39 1.13M Jun 10, 2022 Direct F2, F6
transaction ENPH Common Stock Sale -$2.61M -13.2K -1.17% $197.36 1.12M Jun 10, 2022 Direct F2, F7
transaction ENPH Common Stock Sale -$1.94M -9.77K -0.88% $198.50 1.11M Jun 10, 2022 Direct F2, F8
transaction ENPH Common Stock Sale -$516K -2.58K -0.23% $199.85 1.1M Jun 10, 2022 Direct F2, F9
transaction ENPH Common Stock Sale -$1.07M -5.31K -0.48% $200.79 1.1M Jun 10, 2022 Direct F2, F10
transaction ENPH Common Stock Sale -$125K -619 -0.06% $202.34 1.1M Jun 10, 2022 Direct F2, F11

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 Stock Option (Right to Buy) Options Exercise $0 -155K -38.78% $0.00 245K Jun 10, 2022 Common Stock 155K $1.31 Direct F2, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 99 shares purchased under the Enphase Energy 2009 ESPP Plan on May 15, 2022.
F2 The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $192.71 to $193.69. 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 $193.87 to $194.64. 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 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $194.90 to $195.87. 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 $195.946 to $196.94. 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.
F7 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $197.005 to $197.99. 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 $198.14 to $199.125. 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 $199.28 to $200.135. 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.
F10 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $200.33 to $201.18. 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.
F11 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $202.08 to $202.59. 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.
F12 This stock option is fully vested