Meir Adest Form 4 SOLAREDGE / Meir Adest ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Adest Meir

(Last) (First) (Middle)

1 HAMADA STREET

(Street)

HERZILIYA PITUACH L3 4673335

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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	12/15/2022		M		943	A	$36.15	155,691	D
Common Stock	12/15/2022		M		237	A	$101.81	155,938	D
Common Stock	12/15/2022		S(1)		200	D	$326.94(2)(3)	155,738	D
Common Stock	12/15/2022		S(1)		1,100	D	$328.68(2)(4)	154,638	D
Common Stock	12/15/2022		S(1)		1,200	D	$329.41(2)(5)	153,438	D
Common Stock	12/15/2022		S(1)		1,390	D	$330.78(2)(6)	152,048	D
Common Stock	12/15/2022		S(1)		891	D	$332.12(2)(7)	151,157	D
Common Stock	12/15/2022		S(1)		200	D	$333.52(2)(8)	150,957	D
Common Stock	12/15/2022		S(1)		19	D	$334.73(2)	150,938(11)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. 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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option	$36.15	09/07/2022		M			943	(9)	01/02/2029	Common Stock	943	$0.00	3,830	D
Employee Stock Option	$101.81	09/07/2022		M			247	(10)	01/02/2030	Common Stock	247	$0.00	3,583	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 (8) to this Form 4.

3. These shares were sold in multiple transactions at prices ranging from $ 326.91 to $ 326.97, inclusive.

4. These shares were sold in multiple transactions at prices ranging from $ 328.11 to $ 329.04, inclusive.

5. These shares were sold in multiple transactions at prices ranging from $ 329.14 to $ 330.14, inclusive.

6. These shares were sold in multiple transactions at prices ranging from $ 330.24 to $ 330.96, inclusive.

7. These shares were sold in multiple transactions at prices ranging from $ 331.91 to $ 332.42, inclusive.

8. These shares were sold in multiple transactions at prices ranging from $ 333.13 to $ 333.90, inclusive.

9. The stock options were granted on January 02, 2019 and vested over a four year period from the date of grant.

10. The stock options were granted on January 02, 2020 and vested over a four year period from the date of grant.

11. Includes 73,938 shares held by Meir Adest and 77,000 shares held by AARON I ADEST TTEE ADEST FAMILY TRUST U/A.

	/s/ Rachel Prishkolnik, Power of Attorney	12/19/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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