South Lake One LLC 4
4 · Enphase Energy, Inc. · Filed May 21, 2020
Insider Transaction Report
Form 4
Isidoro Quiroga Moreno
10% Owner
Transactions
- Purchase
Common Stock
2019-11-15$19.43/sh+421,673$8,193,106→ 12,738,874 total(indirect: By LLC) - Purchase
Common Stock
2019-11-19$19.04/sh+300,000$5,712,000→ 13,338,874 total(indirect: By LLC) - Purchase
Common Stock
2019-11-20$18.37/sh+52,401$962,606→ 13,391,275 total(indirect: By LLC) - Purchase
Common Stock
2019-11-20$18.55/sh+52,400$972,020→ 13,496,076 total(indirect: By LLC) - Purchase
Common Stock
2019-11-18$18.91/sh+150,000$2,836,500→ 12,888,874 total(indirect: By LLC) - Purchase
Common Stock
2019-11-20$18.63/sh+52,401$976,231→ 13,443,676 total(indirect: By LLC) - Purchase
Common Stock
2019-11-20$19.14/sh+52,400$1,002,936→ 13,548,476 total(indirect: By LLC) - Purchase
Common Stock
2019-11-18$19.46/sh+150,000$2,919,000→ 13,038,874 total(indirect: By LLC)
Footnotes (9)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.20 to $19.67 per share, inclusive. The reporting person undertakes to provide to Enphase Energy, Inc., a Delaware corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.64 to $18.91 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.28 to $19.77 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.46 to $19.36 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.
- [F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.04 to $18.52 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5) to this Form 4.
- [F6]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.37 to $18.87 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (6) to this Form 4.
- [F7]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.37 to $18.72 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (7) to this Form 4.
- [F8]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.67 to $19.57 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (8) to this Form 4.
- [F9]All shares of Common Stock are directly held by South Lake One LLC, a Delaware limited liability company ("South Lake"). South Lake is wholly owned by South Cone Investments Limited Partnership, a Canadian limited partnership, which is controlled by its general partner Inversiones El Aromo Limitada, a company organized under the laws of Chile ("El Aromo"), which is controlled by Isidoro Quiroga Moreno (who directly owns approximately 71% of the issued and outstanding capital stock of El Aromo).