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Enphase Energy, Inc. Director's Dealing 2016

Aug 12, 2016

31064_dirs_2016-08-11_dd7748e5-5d2b-49f9-9c3c-3988240b76db.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Enphase Energy, Inc. (ENPH)
CIK: 0001463101
Period of Report: 2016-08-09

Reporting Person: Garcia Humberto (VP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-08-09 Common Stock A 50000 $0.00 Acquired 68127 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-08-09 Stock Option (Right to Buy) $1.98 A 200000 Acquired 2023-08-08 Common Stock (200000) Direct

Footnotes

F1: Represents a grant of restricted stock units ("RSUs") issued pursuant to the 2011 Equity Incentive Plan (the "Plan").

F2: The RSUs vests in eight (8) successive equal semi-annual installments, with the first 1/8th of the shares vesting on February 8, 2017, subject to the grantee's Continuous Service, as defined in the Plan.

F3: 1/48th of the total number of shares subject to the Option granted shall vest and become exercisable on September 8, 2016 and in equal monthly installments thereafter until the Option is fully vested on August 8, 2020, subject to the grantee's Continuous Service, as defined in the Plan.