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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/15/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1463101 |
| Issuer Name: Enphase Energy, Inc. |
| Issuer Trading Symbol: ENPH |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1216875 |
| | Owner Name: RANHOFF DAVID A |
| Reporting Owner Address: |
| | Owner Street 1: C/O ENPHASE ENERGY, INC. |
| | Owner Street 2: 47281 BAYSIDE PARKWAY |
| | Owner City: FREMONT |
| | Owner State: CA |
| | Owner ZIP Code: 94538 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: EVP & Chief Commercial Officer |
Aff 10b5 One: 1 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,230 |
| | | Transaction Price Per Share: |
| Value: 108.1196 |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 128,718 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,670 |
| | | Transaction Price Per Share: |
| Value: 109.1137 |
| Footnote ID: F3 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 125,048 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 100 |
| | | Transaction Price Per Share: |
| Value: 109.91 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 124,948 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
Footnotes: |
| Footnote - F1: The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2023. |
| Footnote - F2: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $107.49 to $108.48. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |
| Footnote - F3: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $108.51 to $109.50. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Lisan Hung, Attorney-in-Fact for David A. Ranhoff |
| Signature Date: 3/15/24 |