Enphase Energy, Inc. 4
4 · Enphase Energy, Inc. · Filed Jun 1, 2017
Insider Transaction Report
Form 4
NAHI PAUL B
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Units
2017-05-30+750,000→ 1,367,880 total
Holdings
- 501,822(indirect: By Trust)
Common Stock
- 55,066(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Issued pursuant to the 2011 Equity Incentive Plan.
- [F2]The RSUs shall vest as follows: (a) 12.5% of the shares (rounded down to the nearest whole share) shall vest and become exercisable on the Initial Vesting Date; and (b) thereafter 12.5% of the shares (rounded down to the nearest whole share, except for the last vesting installment) shall vest and become exercisable on each six-month anniversary of the Initial Vesting Date, provided that the grantee remains in Continuous Service (as defined in the Plan) from the Date of Grant through each such vesting date.
- [F3]The shares are held in trust for Mr. Nahi's children. Mr. Nahi disclaims beneficial ownership of the shares.
- [F4]Reflects shares transferred on August 4, 2016 to the Nahi Family Revocable Living Trust.