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Filing Details

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
1015934	Neal Dempsey	490 S. California Ave., Suite 200 Palo Alto CA 94306		Yes	No	No	No

Transaction Summary

Purchased:	13,402 shares	Avg. Price: $5.27	Total Value: $70,628.54
Number of Shares After Transactions:	13,402 shares

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	Acquisiton	2011-11-15	13,402	$5.27	13,402	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote

Footnotes

Price amended to reflect the 1-for-9.08 reverse stock split of the Company's issued and outstanding securities effective March 23, 2012.
The Reporting Person, a Director of the Issuer, is a Manager of Bay Management Company XI, LLC and shares voting and dispositive power over shares held by Bay Partners XI Parallel Fund, L.P. and Bay Partners XI, L.P but disclaims beneficial ownership of such securities except to the extent of his proportionate pecuniary interest therein.