Badrinarayanan Kothandaraman - Sep 9, 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
Sep 9, 2022
Transactions value $
-$24,731,620
Form type
4
Date filed
9/9/2022, 08:45 PM
Previous filing
Jun 27, 2022
Next filing
Sep 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Options Exercise $203K +155K +14.64% $1.31* 1.21M Sep 9, 2022 Direct F1
transaction ENPH Common Stock Sale -$1.36M -4.6K -0.38% $295.38 1.21M Sep 9, 2022 Direct F1, F2
transaction ENPH Common Stock Sale -$1.51M -5.1K -0.42% $296.19 1.2M Sep 9, 2022 Direct F1, F3
transaction ENPH Common Stock Sale -$4.04M -13.6K -1.13% $297.16 1.19M Sep 9, 2022 Direct F1, F4
transaction ENPH Common Stock Sale -$2M -6.7K -0.56% $298.17 1.18M Sep 9, 2022 Direct F1, F5
transaction ENPH Common Stock Sale -$2.12M -7.1K -0.6% $299.16 1.18M Sep 9, 2022 Direct F1, F6
transaction ENPH Common Stock Sale -$871K -2.9K -0.25% $300.18 1.17M Sep 9, 2022 Direct F1, F7
transaction ENPH Common Stock Sale -$1.64M -5.43K -0.46% $301.20 1.17M Sep 9, 2022 Direct F1, F8
transaction ENPH Common Stock Sale -$2.23M -7.39K -0.63% $302.14 1.16M Sep 9, 2022 Direct F1, F9
transaction ENPH Common Stock Sale -$3.73M -12.3K -1.06% $303.15 1.15M Sep 9, 2022 Direct F1, F10
transaction ENPH Common Stock Sale -$1.34M -4.4K -0.38% $304.13 1.14M Sep 9, 2022 Direct F1, F11
transaction ENPH Common Stock Sale -$366K -1.2K -0.1% $305.31 1.14M Sep 9, 2022 Direct F1, F12
transaction ENPH Common Stock Sale -$1.81M -5.91K -0.52% $306.25 1.14M Sep 9, 2022 Direct F1, F13
transaction ENPH Common Stock Sale -$737K -2.4K -0.21% $307.25 1.14M Sep 9, 2022 Direct F1, F14
transaction ENPH Common Stock Sale -$339K -1.1K -0.1% $308.33 1.13M Sep 9, 2022 Direct F1, F15
transaction ENPH Common Stock Sale -$101K -328 -0.03% $309.04 1.13M Sep 9, 2022 Direct F1, F16
transaction ENPH Common Stock Sale -$31K -100 -0.01% $310.26 1.13M Sep 9, 2022 Direct F1
transaction ENPH Common Stock Sale -$586K -1.88K -0.17% $312.02 1.13M Sep 9, 2022 Direct F1, F17
transaction ENPH Common Stock Sale -$126K -400 -0.04% $313.95 1.13M Sep 9, 2022 Direct F1, F18

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 -63.35% $0.00 89.7K Sep 9, 2022 Common Stock 155K $1.31 Direct F1, F19, F20
* 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 $294.67 to $295.66. 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 $295.67 to $296.65. 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 $296.665 to $297.66. 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 $297.67 to $298.66. 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 $298.67 to $299.63. 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 $299.69 to $300.67. 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 $300.70 to $301.67. 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 $301.70 to $302.674. 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 $302.76 to $303.705. 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 $303.78 to $304.36. 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 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $304.82 to $305.76. 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.
F13 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $305.83 to $306.82. 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.
F14 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $306.88 to $307.87. 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.
F15 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $307.95 to $308.68. 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.
F16 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $309.00 to $309.41. 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.
F17 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $311.97 to $312.34. 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.
F18 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $313.55 to $314.50. 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.
F19 Issued pursuant to the 2011 Equity Incentive Plan.
F20 This stock option is fully vested.