Filing Details
- Accession Number:
- 0001469367-23-000039
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-02 21:43:51
- Reporting Period:
- 2023-03-01
- Accepted Time:
- 2023-03-02 21:43:51
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1469367 | Sunrun Inc. | RUN | Miscellaneous Electrical Machinery, Equipment & Supplies (3690) | 262841711 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1618959 | S. Paul Dickson | 225 Bush Street, Suite 1400 San Francisco CA 94104 | Chief Revenue Officer | 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 | 2023-03-01 | 3,290 | $0.00 | 157,648 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2023-03-01 | 906 | $25.51 | 156,742 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2023-03-01 | 36,029 | $0.00 | 192,771 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | A | Direct |
Footnotes
- On December 6, 2021, the Reporting Person was granted performance-based restricted stock units ("PRSUs"). Each PRSU represents a contingent right to receive a share of the Issuer's Common Stock upon settlement. The PRSUs vest on the date that the Compensation Committee of the Issuer's Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria during each of the years from 2022 to 2025. The performance criteria for the first measurement period ending December 31, 2022 were met and certified on March 1, 2023, resulting in the issuance of 3,290 shares of the Issuer's Common Stock.
- Shares sold to cover tax obligation from settlement of vested PRSUs.
- Price represents the weighted average sale price of the shares sold. The sale price ranged from $25.51 to $25.53 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- On May 6, 2022, the Reporting Person was granted performance-based restricted stock units ("PRSUs"). Each PRSU represents a contingent right to receive a share of the Issuer's Common Stock upon settlement. The Compensation Committee of the Issuer's Board of Directors certifies attainment based on the Issuer's satisfaction of certain performance criteria. The performance criteria were met and 36,029 PRSUs were certified as attained on March 1, 2023. 50% of the PRSUs shall vest and become shares of the Issuer's Common Stock on March 6, 2023 and the remaining 50% of the PRSUs shall vest and become shares of the Issuer's Common Stock on March 6, 2024, subject to the Reporting Person's continued service through each vesting date.
- Shares held following the reported transactions include 121,509 restricted stock units, which are subject to forfeiture until they vest.
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