4//SEC Filing
Grasso Michael P 4
Accession 0001772695-23-000041
CIK 0001772695other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 5:40 PM ET
Size
14.4 KB
Accession
0001772695-23-000041
Insider Transaction Report
Form 4
Grasso Michael P
See Remarks
Transactions
- Sale
Common Stock
2023-03-22$14.00/sh−13,934$195,076→ 57,402 total - Award
Restricted Stock Units
2023-03-22+38,802→ 38,802 total→ Common Stock (38,802 underlying) - Award
Non-Qualified Stock Option (Right to Buy)
2023-03-22+31,138→ 31,138 totalExercise: $14.88Exp: 2033-03-22→ Common Stock (31,138 underlying) - Sale
Common Stock
2023-03-23$13.53/sh−5,375$72,724→ 52,027 total - Award
Non-Qualified Stock Option (Right to Buy)
2023-03-22+30,241→ 30,241 totalExercise: $13.53Exp: 2033-03-22→ Common Stock (30,241 underlying)
Footnotes (7)
- [F1]The sale of such shares of common stock of Sunnova Energy International Inc. ("Common Stock") was authorized by the reporting person to cover the tax withholding obligation upon the March 22, 2023 settlement of the common stock that vested on March 10, 2023, and restricted stock units that vested on March 12, 2023.
- [F2]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 $13.80 to $14.19. 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.
- [F3]The sale of such shares of Common Stock was authorized by the reporting person to cover the tax withholding obligation upon the March 23, 2023 settlement of the restricted stock units that vested on March 22, 2023.
- [F4]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 $13.34 to $13.70. 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.
- [F5]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock.
- [F6]These RSUs were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan") and vest in full on the third anniversary of the date of grant. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.
- [F7]These Nonqualified Stock Options ("Options") were granted under the Plan and become exercisable in full on the third anniversary of the date of grant.
Documents
Issuer
Sunnova Energy International Inc.
CIK 0001772695
Entity typeother
Related Parties
1- filerCIK 0001783160
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 5:40 PM ET
- Size
- 14.4 KB