4//SEC Filing
Hillstrand Kris W 4
Accession 0001772695-22-000059
CIK 0001772695other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 5:37 PM ET
Size
15.3 KB
Accession
0001772695-22-000059
Insider Transaction Report
Form 4
Hillstrand Kris W
See Remarks
Transactions
- Award
Restricted Stock Units
2022-03-22+19,508→ 19,508 total→ Common Stock (19,508 underlying) - Award
Non-Qualified Stock Option (Right to Buy)
2022-03-22+17,580→ 17,580 totalExercise: $28.19Exp: 2032-03-22→ Common Stock (17,580 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→ 69,379 total - Sale
Common Stock
2022-03-23$25.05/sh−2,070$51,854→ 67,309 total - Award
Non-Qualified Stock Option (Right to Buy)
2022-03-22+16,926→ 16,926 totalExercise: $25.63Exp: 2032-03-22→ Common Stock (16,926 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
Issuer
Sunnova Energy International Inc.
CIK 0001772695
Entity typeother
Related Parties
1- filerCIK 0001783182
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 5:37 PM ET
- Size
- 15.3 KB