Filing Details
- Accession Number:
- 0001772695-21-000104
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-02 20:12:18
- Reporting Period:
- 2021-07-29
- Accepted Time:
- 2021-08-02 20:12:18
- 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 |
|---|---|---|---|---|---|---|---|
| 1782991 | J William Berger | 20 East Greenway Plaza, Suite 540 Houston TX 77046 | See Remarks | Yes | 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 | Acquisiton | 2021-07-29 | 119,047 | $0.00 | 286,001 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-08-02 | 27,985 | $36.66 | 258,016 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-08-02 | 19,447 | $37.59 | 238,569 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| 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 | Disposition | 2021-07-29 | 119,047 | $0.00 | 119,047 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 595,239 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 172,596 | Indirect | See Footnote |
| Common Stock | 7,471 | Indirect | See Footnote |
Footnotes
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock of Sunnova Energy International Inc. ("Common Stock").
- The sale of such shares of Common Stock was authorized by the reporting person in order to meet tax obligations upon vesting July 29, 2021 and further settlement. A portion of the proceeds of the sale will be paid to the Company to the extent of the profit over the reporting person's purchase of Common Stock on May 6, 2021.
- 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 $36.195 to $37.175. 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.
- 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 $37.185 to $38.16. 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.
- Such shares of Common Stock are owned directly by Jackson Leigh Ventures, LLC. The reporting person is the sole member of Jackson Leigh Ventures, LLC.
- Such shares of Common Stock are held in the reporting person's IRA.
- The RSUs will vest in seven equal annual installments beginning on July 29, 2020. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.
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