Mandy Yang - 08 Mar 2023 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Role
VP, Chief Financial Officer
Signature
/s/ Lisan Hung, Attorney-in-Fact for Mandy Yang
Issuer symbol
ENPH
Transactions as of
08 Mar 2023
Net transactions value
-$1,083,684
Form type
4
Filing time
10 Mar 2023, 17:34:35 UTC
Previous filing
03 Mar 2023
Next filing
02 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Award $0 +8,580 +9.3% $0.000000 100,698 08 Mar 2023 Direct F1, F2
transaction ENPH Common Stock Tax liability $1,083,684 -5,155 -5.1% $210.22 95,543 10 Mar 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units ("RSUs") issued pursuant to the 2021 Equity Incentive Plan.
F2 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 Ms. Yang's continuous service through each applicable vesting date.
F3 Represents shares withheld by Enphase Energy, Inc. to satisfy the tax withholding obligation associated with the vesting of a portion of the restricted stock units granted on February 15, 2022.