Filing Details

Accession Number:
0001772695-23-000041
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-24 17:40:00
Reporting Period:
2023-03-22
Accepted Time:
2023-03-24 17:40:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1772695 Sunnova Energy International Inc. NOVA Electric & Other Services Combined (4931) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1783160 P Michael Grasso 20 East Greenway Plaza,
Suite 540
Houston TX 77046
See Remarks No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-03-22 13,934 $14.00 57,402 No 4 S Direct
Common Stock Disposition 2023-03-23 5,375 $13.53 52,027 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2023-03-22 38,802 $0.00 38,802 $0.00
Common Stock Non-Qualified Stock Option (Right to Buy) Acquisiton 2023-03-22 30,241 $0.00 30,241 $13.53
Common Stock Non-Qualified Stock Option (Right to Buy) Acquisiton 2023-03-22 31,138 $0.00 31,138 $14.88
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
38,802 No 4 A Direct
30,241 2033-03-22 No 4 A Direct
31,138 2033-03-22 No 4 A Direct
Footnotes
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock.
  6. 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.
  7. These Nonqualified Stock Options ("Options") were granted under the Plan and become exercisable in full on the third anniversary of the date of grant.