Filing Details
- Accession Number:
- 0001772695-23-000049
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-24 17:48:14
- Reporting Period:
- 2023-03-22
- Accepted Time:
- 2023-03-24 17:48:14
- 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 |
|---|---|---|---|---|---|---|---|
| 1861636 | Kelsey Hultberg | 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 | 2,400 | $14.03 | 19,974 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-23 | 680 | $14.62 | 19,294 | 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 | 18,107 | $0.00 | 18,107 | $0.00 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Acquisiton | 2023-03-22 | 14,112 | $0.00 | 14,112 | $13.53 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Acquisiton | 2023-03-22 | 14,531 | $0.00 | 14,531 | $14.88 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 18,107 | No | 4 | A | Direct | ||
| 14,112 | 2033-03-22 | No | 4 | A | Direct | |
| 14,531 | 2033-03-22 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 675 | Indirect | By Spouse |
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.
- 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.
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