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4//SEC Filing

Baker Walter A 4

Accession 0001772695-22-000057

CIK 0001772695other

View on SEC.gov Company Profile

Filed

Mar 23, 8:00 PM ET

Accepted

Mar 24, 5:35 PM ET

Size

15.3 KB

Accession

0001772695-22-000057

Insider Transaction Report

Form 4

Period: 2022-03-22

Sunnova Energy International Inc.NOVA

See Remarks

Transactions

Sale
Common Stock
2022-03-23$25.05/sh−1,400$35,070→ 121,138 total
Award
Non-Qualified Stock Option (Right to Buy)
2022-03-22+17,580→ 17,580 total
Exercise: $28.19Exp: 2032-03-22→ Common Stock (17,580 underlying)
Award
Non-Qualified Stock Option (Right to Buy)
2022-03-22+16,926→ 16,926 total
Exercise: $25.63Exp: 2032-03-22→ Common Stock (16,926 underlying)
Exercise/Conversion
Restricted Stock Units
2022-03-22−4,551→ 13,654 total
→ Common Stock (4,551 underlying)
Exercise/Conversion
Common Stock
2022-03-22+4,551→ 122,538 total
Award
Restricted Stock Units
2022-03-22+19,508→ 19,508 total
→ Common Stock (19,508 underlying)

Footnotes (5)

[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 reporting person in order to meet tax obligations upon vesting March 22, 2022 and further settlement.
[F3]These 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.
[F4]These Nonqualified Stock Options ("Options") were granted under the Plan and vest 25% on the second anniversary of the date of grant, and remaining 75% on the third anniversary.
[F5]These RSU's were awarded under the 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.

Documents

1 file

4
wf-form4_164815768295149.xmlPrimary
FORM 4

Issuer

Sunnova Energy International Inc.

CIK 0001772695

Entity typeother

Related Parties

1

filerCIK 0001512864

Filing Metadata

Form type: 4
Filed: Mar 23, 8:00 PM ET
Accepted: Mar 24, 5:35 PM ET
Size: 15.3 KB

View on SEC.gov