Jeff McNeil - Dec 13, 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
Dec 13, 2022
Transactions value $
-$4,896,339
Form type
4
Date filed
12/15/2022, 05:18 PM
Previous filing
Apr 12, 2022
Next filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Gift $0 -30K -47.15% $0.00 33.6K Dec 13, 2022 Direct F1, F2
transaction ENPH Common Stock Sale -$1.66M -5.1K -17% $325.35 24.9K Dec 13, 2022 See Footnote F3, F4
transaction ENPH Common Stock Sale -$1.07M -3.28K -13.17% $326.27 21.6K Dec 13, 2022 See Footnote F4, F5
transaction ENPH Common Stock Sale -$1.9M -5.82K -26.92% $327.23 15.8K Dec 13, 2022 See Footnote F4, F6
transaction ENPH Common Stock Sale -$262K -800 -5.06% $328.01 15K Dec 13, 2022 See Footnote F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 13, 2022, the Reporting Person contributed 30,000 shares of ENPH common stock to a charitable remainder trust of which the Reporting Person is a trustee and of which the reporting person and his spouse are beneficiaries. The Reporting Person continues to report beneficial ownership of all of the ENPH common stock held by the trust but disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein.
F2 Includes a non-reportable acquisition of 209 shares purchased through the Company's 2011 Employee Stock Purchase Plan.
F3 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $324.80 to $325.76. 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.
F4 Shares held of record by the 2022 Jeff McNeil and Nanci McNeil Charitable Remainder Unitrust for which the Reporting Person serves as trustee.
F5 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $325.82 to $326.77. 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 $326.82 to $327.775. 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 $327.875 to $328.12. 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.