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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

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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

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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	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

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.
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.
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.
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.
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock.
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.
These Nonqualified Stock Options ("Options") were granted under the Plan and become exercisable in full on the third anniversary of the date of grant.