UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): February 19, 2020
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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(Address of Principal executive offices)
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(Zip Code)
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Registrant’s Telephone number, including area code: 972 (9 ) 957-6620
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instructions A.2 below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Appointment of New Director
On February 19, 2020, SolarEdge Technologies, Inc. (the “Company”) appointed Mr. Zvi (Zivi) Lando, to the Company’s Board of Directors
as a Class III director, with an initial term expiring in 2021. The Board of Directors also affirmed that Mr. Lando, who took over as Chief Executive Officer six months ago upon the untimely passing of CEO, Chairman and founder, Mr. Guy Sella,
will continue as Chief Executive Officer on a permanent basis.
Mr. Lando has served as EVP Global Sales since joining SolarEdge in 2009. Prior to joining SolarEdge, Mr. Lando held several different
technology and management positions at Applied Materials, including in his last role, as Vice President and General Manager of Baccini Cell Systems Division in the Applied Materials Solar Business Group.
Item 9.01. Financial Statements and Exhibits
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Exhibit No.
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Description
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Exhibit 104
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Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
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SOLAREDGE TECHNOLOGIES, INC.
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Date: February 19, 2020
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By: /s/ Rachel
Prishkolnik
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Name: Rachel Prishkolnik
Title: General Counsel and Corporate Secretary
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Exhibit 99.1
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SOLAREDGE ANNOUNCES APPOINTMENT OF ZIVI LANDO, CEO TO THE
BOARD OF DIRECTORS
HERZLIYA, ISRAEL (February 19, 2020)
– SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), announced today that CEO Zivi Lando has been appointed to the Board of Directors. The appointment comes with the Board’s affirmation that Mr. Lando, who took over as CEO six months ago upon
the untimely passing of CEO, Chairman and founder, Mr. Guy Sella, will continue as CEO on a permanent basis.
“On behalf of the entire board of directors, we welcome Mr. Lando to the board. We are glad and grateful that he has agreed to continue on
as the CEO and board member of SolarEdge,” said Chairman of the board Nadav Zafrir. “Mr. Lando has been a part of the executive management team since 2009, and has a proven track record on sales and execution. We are confident that he will continue
to lead the Company in its continued growth and success.”
Mr. Lando has served as EVP Global Sales since joining SolarEdge in 2009. Prior to joining SolarEdge, Mr. Lando held several different
technology and management positions at Applied Materials, including in his last role, as Vice President and General Manager of Baccini Cell Systems Division in the
Applied Materials Solar Business Group.
About SolarEdge
SolarEdge is a global leader in smart energy. By leveraging world-class engineering capabilities and with a relentless focus on innovation,
SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized
inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries,
UPS, electric vehicle powertrains, and grid services solutions. SolarEdge is online at solaredge.com
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Press Contacts
SolarEdge Technologies, Inc.
Ronen Faier, Chief Financial Officer
+1 510-498-3263
investors@solaredge.com
Sapphire Investor Relations, LLC
Erica Mannion or Michael Funari
+1 617-542-6180
investors@solaredge.com