0001463101-17-000070.txt : 20170524
0001463101-17-000070.hdr.sgml : 20170524
20170524161540
ACCESSION NUMBER: 0001463101-17-000070
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170501
FILED AS OF DATE: 20170524
DATE AS OF CHANGE: 20170524
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Enphase Energy, Inc.
CENTRAL INDEX KEY: 0001463101
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 204645388
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1420 NORTH MCDOWELL BLVD.
CITY: PETALUMA
STATE: CA
ZIP: 94954
BUSINESS PHONE: (707) 763-4784
MAIL ADDRESS:
STREET 1: 1420 NORTH MCDOWELL BLVD.
CITY: PETALUMA
STATE: CA
ZIP: 94954
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Garcia Humberto
CENTRAL INDEX KEY: 0001682076
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35480
FILM NUMBER: 17866845
MAIL ADDRESS:
STREET 1: 1420 N. MCDOWELL BLVD.
CITY: PETALUMA
STATE: CA
ZIP: 94954
4
1
wf-form4_149565692542307.xml
FORM 4
X0306
4
2017-05-01
0
0001463101
Enphase Energy, Inc.
ENPH
0001682076
Garcia Humberto
C/O ENPHASE ENERGY, INC.
1420 NORTH MCDOWELL BLVD.
PETALUMA
CA
94954
0
1
0
0
VP and CFO
Restricted Stock Units
2017-05-01
4
A
0
528
A
63100
D
Restricted Stock Units
2017-05-01
4
A
0
3083
A
66183
D
Restricted Stock Units
2017-05-01
4
A
0
528
A
66711
D
Restricted Stock Units
2017-05-01
4
A
0
1082
A
67793
D
Restricted Stock Units
2017-05-01
4
A
0
3584
A
71377
D
Restricted Stock Units
2017-05-01
4
A
0
5599
A
76976
D
Stock Option (Right to Buy)
4.086
2017-05-01
4
D
0
1320
D
2021-05-04
Common Stock
1320.0
0
D
Stock Option (Right to Buy)
9.534
2017-05-01
4
D
0
11013
D
2021-08-22
Common Stock
11013.0
0
D
Stock Option (Right to Buy)
11.0
2017-05-01
4
D
0
1887
D
2022-03-11
Common Stock
1887.0
0
D
Stock Option (Right to Buy)
6.9
2017-05-01
4
D
0
3609
D
2022-05-30
Common Stock
3609.0
0
D
Stock Option (Right to Buy)
7.68
2017-05-01
4
D
0
12804
D
2020-06-30
Common Stock
12804.0
0
D
Stock Option (Right to Buy)
9.69
2017-05-01
4
D
0
20000
D
2021-07-13
Common Stock
20000.0
0
D
The restricted stock units ("RSUs") will vest as follows: Any vested portion of the canceled option is subject to a new one-year cliff vesting date with 100% of such portion of the RSU vesting on May 15, 2018. Any portion of a new RSU issued in exchange for the unvested portion of the canceled option will continue to vest over the remainder of the original vesting period of the unvested portion of the option; however, the new RSU will vest and shares will be issued on a quarterly vesting schedule with fixed vesting dates occurring on February 15, May 15, August 15 and November 15 each year. The first new RSU Vesting Date for the portion of the new RSU issued in exchange for the unvested portion of a canceled option will be August 15, 2017.
On May 1, 2017, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on May 5, 2011. In exchange for the option, the reporting person received 528 shares of RSUs.
This total corrects the total aggregate number of shares following the transaction previously reported by the reporting person on May 17, 2017.
On May 1, 2017, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on August 23, 2011. In exchange for the option, the reporting person received 3,083 shares of RSUs.
On May 1, 2017, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on March 12, 2012. In exchange for the option, the reporting person received 528 shares of RSUs.
On May 1, 2017, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on May 31, 2012. In exchange for the option, the reporting person received 1,082 shares of RSUs.
On May 1, 2017, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on July 1, 2013. In exchange for the option, the reporting person received 3,584 shares of RSUs.
On May 1, 2017, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on July 14, 2014. In exchange for the option, the reporting person received 5,599 shares of RSUs.
The canceled option provided vesting in variable installments over a four-year period commencing January 21, 2012.
The canceled option provided vesting in variable installments over a four-year period commencing February 4, 2012.
The canceled option provided vesting in 48 equal successive installments over a four-year period commencing April 12, 2012.
The canceled option provided vesting in 48 equal successive installments over a four-year period commencing June 30, 2012.
The canceled option provided vesting in 48 equal successive installments over a four-year period commencing May 10, 2013.
The canceled option provided vesting in 48 equal successive installments over a four-year period commencing January 1, 2015.
/s/ Humberto Garcia
2017-05-24