Badrinarayanan Kothandaraman - Feb 9, 2024 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Signature
/s/ Lisan Hung, Attorney-in-Fact for Badri Kothandaraman
Stock symbol
ENPH
Transactions as of
Feb 9, 2024
Transactions value $
-$2,576,993
Form type
4
Date filed
3/5/2024, 08:06 PM
Previous filing
Jan 26, 2024
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Gift $0 -1.57M -94.58% $0.00 89.8K Feb 9, 2024 Direct F1
transaction ENPH Common Stock Gift $0 +1.57M $0.00 1.57M Feb 9, 2024 By Trust F1, F2
transaction ENPH Common Stock Tax liability -$1.08M -8.37K -9.32% $129.66 81.4K Mar 1, 2024 Direct F3
transaction ENPH Common Stock Tax liability -$597K -4.6K -5.65% $129.66 76.8K Mar 1, 2024 Direct F4
transaction ENPH Common Stock Tax liability -$895K -6.9K -8.99% $129.66 69.9K Mar 1, 2024 Direct F5
transaction ENPH Common Stock Gift $0 -18.1K -26.31% $0.00 50.8K Mar 1, 2024 Direct
transaction ENPH Common Stock Gift $0 +18.1K +1.16% $0.00 1.58M Mar 1, 2024 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents various transfers into the Kothandaraman-Santhanam Living Trust (the "Trust") since February 2023.
F2 These shares are held directly by the Trust for which the Reporting Person serves as a trustee.
F3 Represents shares withheld by the Issuer to satisfy the tax withholding obligation associated with the vesting of restricted stock units ("RSUs") granted to the Reporting Person on April 8, 2022.
F4 Represents shares withheld by the Issuer to satisfy the tax withholding obligation associated with the vesting of RSUs granted to the Reporting Person on March 8, 2023
F5 Represents shares withheld by the Issuer to satisfy the tax withholding obligation associated with the vesting of performance stock units granted to the Reporting Person on March 8, 2023.