Filing Details

Accession Number:
0001181431-12-022884
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-04-05 18:21:18
Reporting Period:
2012-04-04
Filing Date:
2012-04-05
Accepted Time:
2012-04-05 18:21:18
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
Yes No Yes Yes
1300345 S Daniel Loeb C/O Third Point Llc
390 Park Avenue
New York NY 10022
Yes No Yes Yes
1341499 P L Qualified Partners Point Third C/O Third Point Llc
390 Park Avenue
New York NY 10022
Yes No Yes Yes
1403112 Third Point Partners Lp C/O Third Point Llc
390 Park Avenue
New York NY 10022
Yes No Yes Yes
1453151 Third Point Offshore Master Fund, L.p. C/O Third Point Llc
390 Park Avenue
New York NY 10022
Yes No Yes Yes
1546187 L.p. Fund Master Ultra Point Third C/O Third Point Llc
390 Park Avenue
New York NY 10022
Yes No Yes Yes
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 Acquisiton 2012-04-04 157,758 $0.00 157,758 No 4 C Direct
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 126,721 $0.00 284,479 No 4 C Direct
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 117,161 $0.00 401,640 No 4 C Direct
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 71,734 $0.00 473,374 No 4 C Direct
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 31,663 $0.00 505,037 No 4 C Direct
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 1,356,727 $0.00 2,276,627 No 4 C Indirect See Footnotes
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 1,065,071 $0.00 3,341,698 No 4 C Indirect See Footnotes
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 1,818,659 $0.00 5,160,357 No 4 C Indirect See Footnotes
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 757,357 $0.00 5,917,714 No 4 C Indirect See Footnotes
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 577,227 $0.00 6,494,941 No 4 C Indirect See Footnotes
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 432,473 $6.00 6,927,414 No 4 P Indirect See Footnotes
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 27,371 $6.00 6,954,785 No 4 P Indirect See Footnotes
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 140,953 $6.00 7,095,738 No 4 P Indirect See Footnotes
Common Stock, $0.00001 Par Value Acquisiton 2012-04-04 163,091 $6.00 7,258,829 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 C Direct
No 4 C Direct
No 4 C Direct
No 4 C Direct
No 4 C Indirect See Footnotes
No 4 C Indirect See Footnotes
No 4 C Indirect See Footnotes
No 4 C Indirect See Footnotes
No 4 C Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series B Convertible Preferred Stock Disposition 2012-04-04 83,118 $0.00 157,758 $0.00
Common Stock Series C Convertible Preferred Stock Disposition 2012-04-04 50,406 $0.00 126,721 $0.00
Common Stock Series D Convertible Preferred Stock Disposition 2012-04-04 117,161 $0.00 117,161 $0.00
Common Stock Series E Convertible Preferred Stock Disposition 2012-04-04 71,734 $0.00 71,734 $0.00
Common Stock 9% Junior Convertible Secured Notes due 2014 Disposition 2012-04-04 0 $0.00 31,663 $0.00
Common Stock Series B Convertible Preferred Stock Disposition 2012-04-04 714,819 $0.00 1,356,727 $0.00
Common Stock Series C Convertible Preferred Stock Disposition 2012-04-04 423,656 $0.00 1,065,071 $0.00
Common Stock Series D Convertible Preferred Stock Disposition 2012-04-04 1,818,659 $0.00 1,818,659 $0.00
Common Stock Series E Convertible Preferred Stock Disposition 2012-04-04 757,357 $0.00 757,357 $0.00
Common Stock 9% Junior Convertible Secured Notes due 2014 Disposition 2012-04-04 0 $0.00 577,227 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
0 No 4 C Direct
0 No 4 C Direct
0 No 4 C Direct
0 2014-06-14 No 4 C Direct
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 No 4 C Indirect
0 2014-06-14 No 4 C Indirect
Footnotes
  1. The Series B Convertible Preferred Stock converted into shares of common stock of the Issuer ("Common Stock") in a ratio of 1:1.898 upon the closing of the initial public offering of the Issuer and had no expiration date.
  2. The Series C Convertible Preferred Stock converted into shares of Common Stock in a ratio of 1:2.514 upon the closing of the initial public offering of the Issuer and had no expiration date.
  3. The Series D Convertible Preferred Stock and the Series E Convertible Preferred Stock converted into shares of Common Stock in a ratio of 1:1 upon the closing of the initial public offering of the Issuer and had no expiration date.
  4. The principal amount of the 9% Junior Convertible Secured Notes due 2014, plus interest accrued at 9% per annum, converted into shares of Common Stock at $6.00 per share upon the closing of the initial public offering of the Issuer and had a June 14, 2014 expiration date.
  5. Third Point LLC ("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 Third Point Ultra Master Fund L.P. ("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 into which the securities held by the Funds have converted. (continued in footnote 6)
  6. (continued from footnote 5) 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.