SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Norwest Venture Partners XI, LP

(Last) (First) (Middle)
525 UNIVERSITY AVENUE
SUITE 800

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/25/2015
3. Issuer Name and Ticker or Trading Symbol
SolarEdge Technologies Inc [ SEDG ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series D Convertible Preferred Stock (1) (1) Common Stock 2,887,252 (1) I See Footnote(2)
Series D-1 Convertible Preferred Stock (3) (3) Common Stock 93,985 (3) I See Footnote(2)
Series D-2 Convertible Preferred Stock (4) (4) Common Stock 112,782 (4) I See Footnote(2)
Series D-3 Convertible Preferred Stock (5) (5) Common Stock 188,486 (5) I See Footnote(2)
1. Name and Address of Reporting Person*
Norwest Venture Partners XI, LP

(Last) (First) (Middle)
525 UNIVERSITY AVENUE
SUITE 800

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
1. Name and Address of Reporting Person*
HAQUE PROMOD

(Last) (First) (Middle)
525 UNIVERSITY AVENUE

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Howard Matthew D.

(Last) (First) (Middle)
525 UNIVERSITY AVENUE
SUITE 800

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Crowe Jeffrey

(Last) (First) (Middle)
525 UNIVERSITY AVENUE
SUITE 800

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
Explanation of Responses:
1. Each three (3) shares of the issuer's Series D Convertible Preferred Stock will convert into one (1) share of the issuer's Common Stock immediately prior to the closing of the issuer's initial public offering meeting certain criteria ("IPO") and has no expiration date.
2. Consists of shares held by Norwest Venture Partners XI, LP, or NVP XI. Genesis VC Partners XI, LLC, or Genesis XI, is the general partner of NVP XI and may be deemed to have sole voting and dispositive power over the shares held by NVP XI. Jeffrey Crowe, Promod Haque and Mathew Howard, as co-chief executive officers of the managing member of Genesis XI, may be deemed to share voting and dispositive power over the shares held by NVP XI. Such persons and entities disclaim beneficial ownership of shares held by NVP XI, except to the extent of any proportionate pecuniary interest therein.
3. Each three (3) shares of issuer's Series D-1 Convertible Stock will convert into one (1) share of the issuer's Common Stock immediately prior to the closing of the isuer's IPO and has no expiration date.
4. Each three (3) shares of issuer's Series D-2 Convertible Stock will convert into one (1) share of the issuer's Common Stock immediately prior to the closing of the isuer's IPO and has no expiration date.
5. Each three (3) shares of issuer's Series D-3 Convertible Stock will convert into one (1) share of the issuer's Common Stock immediately prior to the closing of the isuer's IPO and has no expiration date.
Remarks:
/s/ Kurt Betcher, Chief Financial Officer
/s/ Kurt Betcher, Chief Financial Officer 03/25/2015
** Signature of Reporting Person Date
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 5 (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 Number.


	Exhibit 99.1


FORM 3
JOINT FILER INFORMATION



Name of "Reporting Persons":	Norwest Venture Partners XI, LP
					Jeffrey Crowe
					Promod Haque
					Matthew D. Howard

Address:				525 University Avenue, Suite 800
					Palo Alto, CA  94301

Designated Filer:			Norwest Venture Partners XI, LP

Issuer and Ticker Symbol:		SolarEdge Technologies Inc. (SEDG)

Date of Earliest Transaction:		March 25, 2015



Jeffrey Crowe, Promod Haque and Matthew D. Howard are Joint Filers with Norwest
Venture Partners XI, LP ("NVP XI") and may be deemed to share indirect
beneficial ownership in the securities set forth on the attached Form 3.

Mssrs. Crowe, Haque and Howard are Co-Chief Executive Officers of NVP
Associates, LLC ("NVP Associates"), the managing member of the general partner
of NVP XI.  By virtue of such position, Mssrs. Crowe, Haque and Howard may be
deemed to beneficially own the shares held of record by NVP XI.

All Reporting Persons disclaim beneficial ownership of shares of SolarEdge
Technogies Inc. stock held by each other Reporting Person, except to the extent
of their respective pecuniary interest therein. The filing of this statement
shall not be deemed an admission that, for purposes of Section 16 of the
Securities Exchange Act of 1934, or otherwise, any of the Reporting Persons are
the beneficial owners of all of the equity securities covered by this statement.

Each of the Reporting Persons listed above hereby designates NVP XI as its
designated filer of Forms 3, 4 and 5 in accordance with Section 16(a) of the
Securities Exchange Act of 1934 and the rules thereunder.







						NORWEST VENTURE PARTNERS XI, LP
						By: 	Genesis VC Partners XI, LLC
							Its General Partner
						By: 	NVP Associates, LLC
							Its Managing Member


						By: /s/ Kurt Betcher
						Its Chief Financial Officer


      By: /s/ Kurt Betcher
JEFFREY CROWE
By: Kurt L. Betcher, as Attorney-in-Fact


						By: /s/ Kurt Betcher
PROMOD HAQUE
By: Kurt L. Betcher, as Attorney-in-Fact


						By: /s/ Kurt Betcher
MATTHEW D. HOWARD
By: Kurt L. Betcher, as Attorney-in-Fact