Enphase Energy, Inc. — Director's Dealing 2017

Nov 22, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Enphase Energy, Inc. (ENPH)
CIK: 0001463101
Period of Report: 2017-11-20

Reporting Person: Weber John Howard (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-20	Common Stock	M	35326	$0.70	Acquired	35326	Direct
2017-11-20	Common Stock	S	35326	$2.584	Disposed	0	Direct
2017-11-21	Common Stock	M	20200	$0.70	Acquired	20200	Direct
2017-11-21	Common Stock	S	20200	$2.7287	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-20	Option (right to buy)	$0.7	M	35326	Disposed	2024-05-17	Common Stock (35326.0)	Direct
2017-11-21	Option (right to buy)	$0.7	M	20200	Disposed	2024-05-17	Common Stock (20200.0)	Direct

Footnotes

F1: The price reported in Table I, column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.51 to $2.645.

F2: The price reported in Table I, column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.71 to $2.77.

F3: Issued pursuant to the 2011 Equity Incentive Plan.

F4: Such option will vest in 12 equal monthly installments from the grant date, such that the option is fully vested on the one-year anniversary of the date of grant, subject to the Director's Continuous Service (as defined in the 2011 Equity Incentive Plan).

F5: Remaining options in Table II, column 9 are unvested as of the date of this filing. All vested options from this grant have been exercised.