Enphase Energy, Inc. — Director's Dealing 2016

Nov 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Enphase Energy, Inc. (ENPH)
CIK: 0001463101
Period of Report: 2016-11-16

Reporting Person: NAHI PAUL B (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-16	Common Stock	S	3176	$1.05	Disposed	524241	Direct
2016-11-16	Common Stock	S	1234	$1.05	Disposed	523007	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	55066	Indirect
Common Stock	501822	Indirect

Footnotes

F1: Represents shares sold to satisfy the tax withholding obligation associated with the vesting of a portion of the restricted stock units (RSUs) reported on June 19, 2015.

F2: Balance includes a non-reportable acquisition of 2000 shares purchased through the Company's 2011 Employee Stock Purchase Plan.

F3: Represents shares sold to satisfy the tax withholding obligation associated with the vesting of a portion of the restricted stock units (RSUs) reported on May 6, 2013.

F4: The shares are held in trust for Mr. Nahi's children. Mr. Nahi disclaims beneficial ownership of the shares.

F5: Reflects shares transferred on August 4, 2016 to the Nahi Family Revocable Living Trust.