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SEDG SolarEdge Technologies Inc

58.30
1.69 (2.99%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
SolarEdge Technologies Inc NASDAQ:SEDG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.69 2.99% 58.30 58.20 58.30 59.19 56.03 56.56 1,268,605 00:54:07

Statement of Changes in Beneficial Ownership (4)

09/09/2022 8:32pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Adest Meir
2. Issuer Name and Ticker or Trading Symbol

SOLAREDGE TECHNOLOGIES, INC. [ SEDG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Product Officer
(Last)          (First)          (Middle)

1 HAMADA STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

9/7/2022
(Street)

HERZILIYA PITUACH, L3 4673335
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 9/7/2022  M  943 A$36.15 169278 D  
Common Stock 9/7/2022  M  248 A$101.81 169526 D  
Common Stock 9/7/2022  S(1)  298 D$300.54 (2)(3)169228 D  
Common Stock 9/7/2022  S(1)  269 D$301.64 (2)(4)168959 D  
Common Stock 9/7/2022  S(1)  50 D$302.19 (2)(5)168909 D  
Common Stock 9/7/2022  S(1)  105 D$303.62 (2)(6)168804 D  
Common Stock 9/7/2022  S(1)  171 D$304.69 (2)(7)168633 D  
Common Stock 9/7/2022  S(1)  240 D$305.93 (2)(8)168393 D  
Common Stock 9/7/2022  S(1)  65 D$306.95 (2)(9)168328 D  
Common Stock 9/7/2022  S(1)  179 D$308.64 (2)(10)168149 D  
Common Stock 9/7/2022  S(1)  246 D$309.82 (2)(11)167903 D  
Common Stock 9/7/2022  S(1)  438 D$310.80 (2)(12)167465 D  
Common Stock 9/7/2022  S(1)  217 D$311.44 (2)(13)167248 (16)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option $36.15 9/7/2022  M     943   (14)1/2/2029 Common Stock 943 $0.00 5021 D  
Employee Stock Option $101.81 9/7/2022  M     248   (15)1/2/2030 Common Stock 248 $0.00 4773 D  

Explanation of Responses:
(1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
(2) The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to SolarEdge Technologies, Inc., any security holder of SolarEdge Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to (13) to this Form 4.
(3) These shares were sold in multiple transactions at prices ranging from $ 300.00 to $ 300.98, inclusive.
(4) These shares were sold in multiple transactions at prices ranging from $ 301.08 to $ 301.94, inclusive.
(5) These shares were sold in multiple transactions at prices ranging from $ 302.15 to $ 302.25, inclusive.
(6) These shares were sold in multiple transactions at prices ranging from $ 303.21 to $ 303.84, inclusive.
(7) These shares were sold in multiple transactions at prices ranging from $ 304.27 to $ 305.19, inclusive.
(8) These shares were sold in multiple transactions at prices ranging from $ 305.54 to $ 306.47, inclusive.
(9) These shares were sold in multiple transactions at prices ranging from $ 306.57 to $ 307.45, inclusive.
(10) These shares were sold in multiple transactions at prices ranging from $ 308.13 to $ 308.99, inclusive.
(11) These shares were sold in multiple transactions at prices ranging from $ 309.24 to $ 310.22, inclusive.
(12) These shares were sold in multiple transactions at prices ranging from $ 310.24 to $ 311.23, inclusive.
(13) These shares were sold in multiple transactions at prices ranging from $ 311.26 to $ 311.96, inclusive.
(14) The stock options were granted on January 02, 2019 and vest over a four year period from the date of grant.
(15) The stock options were granted on January 02, 2020 and vest over a four year period from the date of grant.
(16) Includes 90,248 shares held by Meir Adest and 77,000 shares held by AARON I ADEST TTEE ADEST FAMILY TRUST U/A.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Adest Meir
1 HAMADA STREET
HERZILIYA PITUACH, L3 4673335


Chief Product Officer

Signatures
/s/ Rachel Prishkolnik, Power of Attorney9/9/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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