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Enphase Energy, Inc. Director's Dealing 2016

Aug 12, 2016

31064_dirs_2016-08-11_92bdbf6d-ba60-4611-b327-3f0e0f809aeb.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Garcia Humberto (VP and CFO)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1875 Direct
Common Stock 8752 Direct
Common Stock 7500 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $4.086 2021-05-04 Common Stock (1320) Direct
Stock Option (Right to Buy) $9.534 2021-08-22 Common Stock (11013) Direct
Stock Option (Right to Buy) $11.00 2022-03-11 Common Stock (1887) Direct
Stock Option (Right to Buy) $6.90 2022-05-30 Common Stock (3609) Direct
Stock Option (Right to Buy) $7.68 2020-06-30 Common Stock (12804) Direct
Stock Option (Right to Buy) $9.69 2021-07-13 Common Stock (20000) Direct
Stock Option (Right to Buy) $2.09 2023-02-07 Common Stock (20000) Direct

Footnotes

F1: Represents the 1,875 remaining unvested shares of a restricted stock unit award originally granted with respect to 7,500 shares of common stock on July 1, 2013, which award vests in eight (8) successive equal semi-annual installments, with the first 1/8th of the shares vesting on November 15, 2013, subject to the grantee's Continuous Service, as defined in the Plan.

F2: Represents the 8,752 remaining unvested shares of a restricted stock unit award originally granted with respect to 17,500 shares of common stock on March 6, 2014, which award vests in eight (8) successive equal semi-annual installments, with the first 1/8th of the shares vesting on August 15, 2014, subject to the grantee's Continuous Service, as defined in the Plan.

F3: Represents the 7,500 remaining unvested shares of a restricted stock unit award originally granted with respect to 10,000 shares of common stock on March 4, 2015, which award vests in eight (8) successive equal semi-annual installments, with the first 1/8th of the shares vesting on August 15, 2015, subject to the grantee's Continuous Service, as defined in the Plan.

F4: The options are immediately exercisable.

F5: 9,053 shares subject to this option are fully vested and exercisable. The remaining shares vest in equal monthly installments and become fully vested and exercisable on April 10, 2017, subject to the grantee's Continuous Service, as defined in the Plan.

F6: 10,833 shares subject to this option are fully vested and exercisable. The remaining shares vest in equal monthly installments and become fully vested and exercisable on June 1, 2018, subject to the grantee's Continuous Service, as defined in the Plan.

F7: 2,496 shares subject to this option are fully vested and exercisable. The remaining shares vest in equal monthly installments and become fully vested and exercisable on February 1, 2020, subject to the grantee's Continuous Service, as defined in the Plan.