Mandy Yang - Jan 25, 2024 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
Jan 25, 2024
Transactions value $
$0
Form type
4
Date filed
1/26/2024, 07:37 PM
Previous filing
Jan 17, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Award $0 +4.29K +6.86% $0.00 66.8K Jan 25, 2024 Direct F1
holding ENPH Common Stock 25K Jan 25, 2024 By GRAT 1 F2
holding ENPH Common Stock 25K Jan 25, 2024 By GRAT 2 F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On this date, the Compensation Committee of Enphase Energy, Inc. (the "Company") certified the achievement of the performance criteria related to the performance of Company goals during 2023 at 50% of target under a performance-based stock unit award originally granted by the Compensation Committee on March 8, 2023 under the 2021 Equity Incentive Plan. The shares are scheduled to vest on March 1, 2024, subject to Ms. Yang's continuous service through such date.
F2 Represents shares previously owned directly by the reporting person that were contributed to grantor retained annuity trust ("GRAT 1").
F3 Represents shares previously owned directly by the reporting person that were contributed to grantor retained annuity trust ("GRAT 2").