<SEC-DOCUMENT>0001181431-12-022506.txt : 20120404
<SEC-HEADER>0001181431-12-022506.hdr.sgml : 20120404
<ACCEPTANCE-DATETIME>20120404173208
ACCESSION NUMBER:		0001181431-12-022506
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20111115
FILED AS OF DATE:		20120404
DATE AS OF CHANGE:		20120404

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Kortlang Benjamin John
		CENTRAL INDEX KEY:			0001543816

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35480
		FILM NUMBER:		12743002

	MAIL ADDRESS:	
		STREET 1:		2750 SAND HILL ROAD
		CITY:			MENLO PARK
		STATE:			CA
		ZIP:			94025

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Enphase Energy, Inc.
		CENTRAL INDEX KEY:			0001463101
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				204645388
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		201 1ST STREET SUITE 100
		CITY:			PETALUMA
		STATE:			CA
		ZIP:			94952
		BUSINESS PHONE:		707-774-7000

	MAIL ADDRESS:	
		STREET 1:		201 1ST STREET SUITE 100
		CITY:			PETALUMA
		STATE:			CA
		ZIP:			94952
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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<TEXT>
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    <periodOfReport>2011-11-15</periodOfReport>

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    <issuer>
        <issuerCik>0001463101</issuerCik>
        <issuerName>Enphase Energy, Inc.</issuerName>
        <issuerTradingSymbol>ENPH</issuerTradingSymbol>
    </issuer>

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            <rptOwnerName>Kortlang Benjamin John</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2750 SAND HILL ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MENLO PARK</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94025</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
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    </reportingOwner>

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                <value>2011-11-15</value>
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                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
                    <value>95033</value>
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                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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                <sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>I</value>
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                    <value>See Footnote</value>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
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                <value>Common Stock</value>
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            <transactionDate>
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                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
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                    <value>1324</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F3"/>
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                <transactionAcquiredDisposedCode>
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                <sharesOwnedFollowingTransaction>
                    <value>1982</value>
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            <transactionDate>
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        </nonDerivativeTransaction>
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            <securityTitle>
                <value>Common Stock</value>
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    <derivativeTable>
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            <transactionDate>
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                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
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                <transactionAcquiredDisposedCode>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1929944</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
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                </sharesOwnedFollowingTransaction>
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                    <value>See Footnote</value>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Series E Convertible Preferred Stock</value>
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            <transactionDate>
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                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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                    <value>1324</value>
                </transactionShares>
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                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
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            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Convertible Promissory Notes</value>
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                <footnoteId id="F5"/>
            </conversionOrExercisePrice>
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                <value>2012-04-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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                <transactionShares>
                    <value>1155</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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                <footnoteId id="F6"/>
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            <expirationDate>
                <footnoteId id="F7"/>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1155</value>
                </underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
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                    <value>D</value>
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    <footnotes>
        <footnote id="F1">The shares reflect the automatic conversion of 1,929,944 shares of the Issuer's Series E Preferred Stock for 1,929,944 shares of the Issuer's Common Stock immediately prior to the closing of the Issuer's initial public offering.</footnote>
        <footnote id="F2">The shares and notes are directly held by KPCB Green Grown Fund, LLC (&quot;GGF Fund&quot;). The managing member for GGF Fund is KPCB GGF Associates, LLC (&quot;GGF Associates&quot;). The voting and dispositive control over the shares is shared by individual managing directors of GGF Associates, none of whom has veto power. Excludes 188,368 shares of Common Stock in the aggregate beneficially owned by individuals and entities associated with Kleiner Perkins Caufield &amp; Byers and held for convenience in the name of &quot;KPCB Holdings, Inc. as nominee,&quot; for the accounts of such individuals and entities who each exercise their own voting and dispositive control over such shares.</footnote>
        <footnote id="F3">The shares reflect the automatic conversion of 1,324 shares of the Issuer's Series E Preferred Stock for 1,324 shares of the Issuer's Common Stock immediately prior to the closing of the Issuer's initial public offering.</footnote>
        <footnote id="F4">Principle and accrued interest in the aggregate of $10,106,903.75 converted automatically upon the closing of the Issuer's initial public offering into shares of Common Stock at a conversion price of $6.00 per share.</footnote>
        <footnote id="F5">Principle and accrued interest in the aggregate of $6,933.72 converted automatically upon the closing of the Issuer's initial public offering into shares of Common Stock at a conversion price of $6.00 per share.</footnote>
        <footnote id="F6">Immediately convertible into shares of the Issuer's common stock.</footnote>
        <footnote id="F7">These shares have no expiration date.</footnote>
    </footnotes>

    <remarks>The reporting person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that he is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.</remarks>

    <ownerSignature>
        <signatureName>/s/ Susan Biglieri by power of attorney for Benjamin Kortlang</signatureName>
        <signatureDate>2012-04-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
