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Enphase Energy, Inc. — Director's Dealing 2012
Apr 4, 2012
31064_dirs_2012-04-04_9952f199-71e1-45d8-ab7a-f3fd037ac1da.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Enphase Energy, Inc. (ENPH)
CIK: 0001463101
Period of Report: 2011-11-15
Reporting Person: McJunkin Jameson J (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-04-04 | Common Stock | C | 3280532 | — | Disposed | 3280532 | Indirect |
| 2012-04-04 | Common Stock | C | 585912 | — | Disposed | 585912 | Indirect |
| 2012-04-04 | Common Stock | C | 446563 | — | Disposed | 446563 | Indirect |
| 2012-04-04 | Common Stock | P | 763889 | $6.00 | Disposed | 763889 | Indirect |
| 2011-11-15 | Common Stock | P | 26382 | $0.58 | Disposed | 26382 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-04-04 | Series D Convertible Preferred Stock | $ | C | 3280532 | Disposed | Common Stock (3280532) | Indirect | |
| 2012-04-04 | Series E Convertible Preferred Stock | $ | C | 585912 | Disposed | Common Stock (585912) | Indirect | |
| 2012-04-04 | Convertible Promissory Notes | $ | C | 446563 | Disposed | Common Stock (446563) | Indirect |
Footnotes
F1: The shares reflect the automatic conversion of 3,280,532 shares of the Issuer's Series D Preferred Stock for 3,280,532 shares of the Issuer's Common Stock immediately prior to the closing of the Issuer's initial public offering.
F2: The shares reflect the automatic conversion of 585,912 shares of the Issuer's Series E Preferred Stock for 585,912 shares of the Issuer's Common Stock immediately prior to the closing of the Issuer's initial public offering.
F3: The shares are directly held by Madrone Partners L.P. Affiliated individuals and the Reporting Person, a member of the Issuer's board of directors, share voting and dispositive power over shares held by Madrone Partners L.P.; however, the affiliated individuals and the Reporting Person disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein.
F4: Notes and accrued interest in the aggregate of $2,679,386.89 converted automatically upon the closing of the Issuer's initial public offering into shares of Common Stock at a conversion price of $6.00.
F5: Immediately convertible into shares of the Issuer's common stock.
F6: These shares have no expiration date.