Thurman John Rodgers - 17 May 2023 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Role
Director
Signature
/s/ Lisan Hung, Attorney-in-Fact for Thurman John Rodgers
Issuer symbol
ENPH
Transactions as of
17 May 2023
Net transactions value
$0
Form type
4
Filing time
19 May 2023, 17:04:55 UTC
Previous filing
17 May 2023
Next filing
05 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Award $0 +1,526 +382% $0.000000 1,926 17 May 2023 Direct F1
holding ENPH Common Stock 60,800 17 May 2023 By Charitable Trust F2
holding ENPH Common Stock 1,191,309 17 May 2023 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") issued pursuant to the 2021 Equity Incentive Plan (the "2021 Plan"). RSUs vest in four equal quarterly installments from the grant date, such that the total RSUs are fully vested on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's Continuous Service (as defined in the 2021 Plan) through each applicable vesting date.
F2 These shares are held directly by the Rodgers Family Freedom and Free Markets Charitable Trust, a charitable remainder trust for which the reporting person and his spouse, Valeta Massey, serve as trustees and of which the reporting person and his spouse are beneficiaries. The reporting person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein.
F3 These shares are held directly by the Rodgers Massey Revocable Living Trust dtd 4/4/11 for which the reporting person and his spouse, Valeta Massey, serve as trustees.