SolarEdge Technologies Inc 4
4 · SolarEdge Technologies Inc · Filed May 16, 2017
Insider Transaction Report
Form 4
Avida Dan
Director
Transactions
- Award
Common Stock
2017-05-11+5,618→ 2,532,004 total(indirect: See footnote)
Footnotes (2)
- [F1]Reflects restricted stock units ("RSUs") granted to the reporting person as an annual award for service on the Board of Directors. The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the Company's next regular Annual General Meeting of Stockholders, subject to continued board service through the applicable vesting date. The RSUs will vest in full upon the occurrence of a change in control (as defined in the SolarEdge Technologies, Inc. 2015 Global Incentive Plan). These RSUs may be settled solely in shares of common stock.
- [F2]Includes 2,500,000 shares held by Opus Capital Venture Partners V, L.P and its affiliates for which Mr. Avida has shared voting and investment power, 20,874 shares of common stock and RSUs owned by Mr. Avida, and 11,130 shares of common stock held by The Zarbu Revocable Trust, c/o Dan Avida.