Hillstrand Kris W 4
4 · Sunnova Energy International Inc. · Filed Mar 15, 2022
Insider Transaction Report
Form 4
Hillstrand Kris W
See Remarks
Transactions
- Sale
Common Stock
2022-03-14$21.56/sh−8,270$178,301→ 68,635 total - Exercise/Conversion
Common Stock
2022-03-12+25,905→ 76,905 total - Exercise/Conversion
Restricted Stock Units
2022-03-12−25,905→ 25,907 total→ Common Stock (25,905 underlying) - Award
Common Stock
2022-03-11$23.15/sh+7,563$175,083→ 54,900 total - Sale
Common Stock
2022-03-14$21.67/sh−3,900$84,513→ 51,000 total
Footnotes (7)
- [F1]These shares of common stock of Sunnova Energy International Inc. ("Common Stock") were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan").
- [F2]The sale of such shares of Common Stock was authorized by the reporting person in order to meet tax obligations upon vesting March 11, 2022 and further settlement.
- [F3]The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $21.51 to $21.85. 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]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock.
- [F5]The sale of such shares of Common Stock was authorized by the reporting person in order to meet tax obligations upon vesting March 12, 2022 and further settlement.
- [F6]The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $21.39 to $21.92. 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.
- [F7]The RSU's were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan and will vest in three equal annual installments beginning on March 12, 2021. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.