Mandy Yang - Mar 8, 2023 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Role
VP, Chief Financial Officer
Signature
/s/ Lisan Hung, Attorney-in-Fact for Mandy Yang
Stock symbol
ENPH
Transactions as of
Mar 8, 2023
Transactions value $
-$1,083,684
Form type
4
Date filed
3/10/2023, 05:34 PM
Previous filing
Mar 3, 2023
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Award $0 +8.58K +9.31% $0.00 101K Mar 8, 2023 Direct F1, F2
transaction ENPH Common Stock Tax liability -$1.08M -5.16K -5.12% $210.22 95.5K Mar 10, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units ("RSUs") issued pursuant to the 2021 Equity Incentive Plan.
F2 The RSUs vest as follows: 1/3rd on March 1, 2024, 1/3rd on March 1, 2025, and 1/3 on March 1, 2026, subject to Ms. Yang's continuous service through each applicable vesting date.
F3 Represents shares withheld by Enphase Energy, Inc. to satisfy the tax withholding obligation associated with the vesting of a portion of the restricted stock units granted on February 15, 2022.