Mandy Yang - 15 Jan 2024 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Signature
/s/ Lisan Hung, Attorney-in-Fact for Mandy Yang
Issuer symbol
ENPH
Transactions as of
15 Jan 2024
Net transactions value
$0
Form type
4
Filing time
17 Jan 2024, 20:38:01 UTC
Previous filing
11 Dec 2023
Next filing
26 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Award $0 +17,160 +38% $0.000000 62,545 15 Jan 2024 Direct F1, F2
holding ENPH Common Stock 25,000 15 Jan 2024 By GRAT 1 F3
holding ENPH Common Stock 25,000 15 Jan 2024 By GRAT 2 F4
* 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 vest as follows: 1/3rd on March 1, 2025, 1/3rd on March 1, 2026, and 1/3 on March 1, 2027, subject to Ms. Yang's continuous service through each applicable vesting date.
F3 Represents shares previously owned directly by the reporting person that were contributed to grantor retained annuity trust ("GRAT 1").
F4 Represents shares previously owned directly by the reporting person that were contributed to grantor retained annuity trust ("GRAT 2").