Santo Salvo John T 4
4 · Sunnova Energy International Inc. · Filed Mar 24, 2023
Insider Transaction Report
Form 4
Santo Salvo John T
See Remarks
Transactions
- 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
2023-03-22$14.09/sh−9,310$131,178→ 87,758 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)
Holdings
- 6(indirect: By son)
Common Stock
Footnotes (5)
- [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, and March 22, 2023.
- [F2]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 and March 22, 2023.
- [F3]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock.
- [F4]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.
- [F5]These Nonqualified Stock Options ("Options") were granted under the Plan and become exercisable in full on the third anniversary of the date of grant.