Filing Details

Accession Number:
0001144204-14-051941
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-08-21 17:01:27
Reporting Period:
2014-08-19
Filing Date:
2014-08-21
Accepted Time:
2014-08-21 17:01:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1463101 Enphase Energy Inc. ENPH Semiconductors & Related Devices (3674) 204645388
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1040273 Third Point Llc 390 Park Avenue
New York NY 10022
No No Yes No
1300345 S Daniel Loeb C/O Third Point Llc
390 Park Avenue
New York NY 10022
Yes No Yes No
1341499 P L Qualified Partners Point Third C/O Third Point Llc
390 Park Avenue
New York NY 10022
No No Yes No
1403112 Third Point Partners Lp C/O Third Point Llc
390 Park Avenue
New York NY 10022
No No Yes No
1453151 Third Point Offshore Master Fund, L.p. C/O Third Point Llc
390 Park Avenue
New York NY 10022
No No Yes No
1546187 L.p. Fund Master Ultra Point Third C/O Third Point Llc
390 Park Avenue
New York NY 10022
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.00001 Par Value Disposition 2014-08-19 1,200,000 $10.27 6,248,987 No 4 S Indirect See Footnote
Common Stock, $0.00001 Par Value Disposition 2014-08-19 81,360 $10.27 423,684 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
No 4 S Direct
Footnotes
  1. On August 14, 2014, the Issuer entered into an underwriting agreement (the "Underwriting Agreement") with Needham & Company, LLC as representative of the several underwriters named therein (collectively, the "Underwriters"), and certain stockholders of the Issuer named therein, in connection with a registered underwritten public offering of the Issuer's common stock. Subject to the terms and conditions of the Underwriting Agreement, on August 19, 2014, the Reporting Persons sold to the Underwriters, and the Underwriters purchased from the Reporting Persons, an aggregate of 1,281,360 shares of Common Stock.
  2. The price represents the public offering price of $10.50 per share, net underwriting discounts of $0.4731 per share.
  3. Third Point acts as the investment manager of certain funds and managed accounts (the "Funds"), including Third Point Offshore Master Fund L.P. ("Offshore Master"), Third Point Partners L.P. ("Partners"), Third Point Partners Qualified L.P. ("Qualified"), and Ultra. Third Point, as investment manager of the Funds, and Daniel S. Loeb, as Chief Executive Officer of Third Point, each may be deemed to beneficially own the shares of Common Stock held by the Funds. (continued in footnote 4)
  4. (continued from footnote 3) Each of Third Point and Mr. Loeb disclaims beneficial ownership of any securities reported herein except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that Third Point or Mr. Loeb is the beneficial owner of or has any pecuniary interest in such securities for purposes of Section 16 of the Securities Exchange Act, as amended (the "Act") and the rules promulgated thereunder or for any other purpose. Each of Partners, Qualified, Offshore Master and Ultra hereby disclaims beneficial ownership of any securities reported herein other than those that it directly holds, for purposes of Section 16 of the Act and the rules promulgated thereunder or for any other purpose.