David A. Ranhoff - Jul 21, 2023 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Role
EVP & Chief Commercial Officer
Signature
/s/ Lisan Hung, Attorney-in-Fact for David A. Ranhoff
Stock symbol
ENPH
Transactions as of
Jul 21, 2023
Transactions value $
$0
Form type
4
Date filed
7/25/2023, 05:47 PM
Previous filing
May 31, 2023
Next filing
Nov 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Award $0 +30K +36.3% $0.00 113K Jul 21, 2023 Direct F1, F2
transaction ENPH Common Stock Award $0 +13.2K +11.72% $0.00 126K Jul 21, 2023 Direct F1, 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.
F2 The RSUs will vest over a 2 year period as follows: 12.5% on November 10, 2023 and12.5% on each quarterly (3 month) anniversary of the initial vesting date, in each case provided that Participant provides continuous service through the applicable vesting date.
F3 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 Mr. Ranhoff's continuous service through each applicable vesting date.