Badrinarayanan Kothandaraman - 09 Feb 2024 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Signature
/s/ Lisan Hung, Attorney-in-Fact for Badri Kothandaraman
Issuer symbol
ENPH
Transactions as of
09 Feb 2024
Net transactions value
-$2,576,992
Form type
4
Filing time
05 Mar 2024, 20:06:48 UTC
Previous filing
26 Jan 2024
Next filing
28 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Gift $0 -1,566,405 -95% $0.000000 89,766 09 Feb 2024 Direct F1
transaction ENPH Common Stock Gift $0 +1,566,405 $0.000000 1,566,405 09 Feb 2024 By Trust F1, F2
transaction ENPH Common Stock Tax liability $1,084,995 -8,368 -9.3% $129.66 81,398 01 Mar 2024 Direct F3
transaction ENPH Common Stock Tax liability $596,825 -4,603 -5.7% $129.66 76,795 01 Mar 2024 Direct F4
transaction ENPH Common Stock Tax liability $895,173 -6,904 -9% $129.66 69,891 01 Mar 2024 Direct F5
transaction ENPH Common Stock Gift $0 -18,125 -26% $0.000000 50,766 01 Mar 2024 Direct
transaction ENPH Common Stock Gift $0 +18,125 +1.2% $0.000000 1,584,530 01 Mar 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.