Filing Details

Accession Number:
0001772695-22-000061
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-24 17:39:26
Reporting Period:
2022-03-22
Accepted Time:
2022-03-24 17:39:26
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 Acquisiton 2022-03-22 4,551 $0.00 42,134 No 4 M Direct
Common Stock Disposition 2022-03-23 2,515 $25.05 39,619 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 2022-03-22 19,508 $0.00 19,508 $0.00
Common Stock Non-Qualified Stock Option (Right to Buy) Acquisiton 2022-03-22 16,926 $0.00 16,926 $25.63
Common Stock Non-Qualified Stock Option (Right to Buy) Acquisiton 2022-03-22 17,580 $0.00 17,580 $28.19
Common Stock Restricted Stock Units Disposition 2022-03-22 4,551 $0.00 4,551 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
19,508 No 4 A Direct
16,926 2032-03-22 No 4 A Direct
17,580 2032-03-22 No 4 A Direct
13,654 No 4 M Direct
Footnotes
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock of Sunnova Energy International Inc. ("Common Stock").
  2. 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.
  3. 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.
  4. 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.
  5. 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.