Enphase Energy, Inc. — Director's Dealing 2017

May 23, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Enphase Energy, Inc. (ENPH)
CIK: 0001463101
Period of Report: 2017-05-18

Reporting Person: Kortlang Benjamin John (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-18	Option (right to buy)	$0.7	A	111052	Acquired	2024-05-17	Common Stock (111052.0)	Direct

Footnotes

F1: Issued pursuant to the 2011 Equity Incentive Plan.

F2: 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).