Home/Filings/4/0001608828-24-000014
4//SEC Filing

LANE ROBERT LAWRENCE 4

Accession 0001608828-24-000014

CIK 0001772695other

Filed

Mar 25, 8:00 PM ET

Accepted

Mar 26, 12:59 PM ET

Size

14.2 KB

Accession

0001608828-24-000014

Insider Transaction Report

Form 4
Period: 2024-03-22
Transactions
  • Exercise/Conversion

    Common Stock

    2024-03-22+7,071138,436 total
  • Exercise/Conversion

    Common Stock

    2024-03-22+9,803148,239 total
  • Exercise/Conversion

    Restricted Stock Units

    2024-03-227,07121,216 total
    Common Stock (7,071 underlying)
  • Sale

    Common Stock

    2024-03-25$5.89/sh6,710$39,522141,529 total
  • Exercise/Conversion

    Restricted Stock Units

    2024-03-229,8030 total
    Common Stock (9,803 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    3,000
Footnotes (6)
  • [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock of Sunnova Energy International Inc. ("Common Stock").
  • [F2]The sale of such shares of Common Stock was authorized by the Company to cover the tax withholding obligation upon the March 25, 2024 settlement of the restricted stock units that vested on March 22, 2024.
  • [F3]The price reported in Column 4 is a weighted average price. These shares of common stock of Sunnova Energy International Inc. ("Common Stock") were sold pursuant to a 10b5-1 plan in multiple transactions at prices ranging from $5.77 to $5.99. The reporting person undertakes to provide to Sunnova Energy International Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the such range.
  • [F4]These Restricted Stock Units ("RSUs") were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan") and vest 25% on the second anniversary of the date of grant, and remaining 75% on the third anniversary beginning March 22, 2024. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.
  • [F5]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock.
  • [F6]The RSU's were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan") and will vest 25% on the first anniversary of the date of grant, 25% on the second anniversary, and 50% on the third anniversary beginning on March 22, 2022. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.

Issuer

Sunnova Energy International Inc.

CIK 0001772695

Entity typeother

Related Parties

1
  • filerCIK 0001675877

Filing Metadata

Form type
4
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 12:59 PM ET
Size
14.2 KB