Jeanna Steele - 28 Jun 2021 Form 4 Insider Report for Sunrun Inc. (RUN)

Role
General Counsel
Signature
/s/ Jay Maloney, Attorney-in-Fact
Issuer symbol
RUN
Transactions as of
28 Jun 2021
Net transactions value
-$278,850
Form type
4
Filing time
30 Jun 2021, 20:45:30 UTC
Previous filing
22 Jun 2021
Next filing
17 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Options Exercise $30,244 +3,083 +2.7% $9.81 116,447 28 Jun 2021 Direct F1
transaction RUN Common Stock Sale $175,608 -3,083 -2.6% $56.96 113,364 28 Jun 2021 Direct F1
transaction RUN Common Stock Options Exercise $40,031 +2,937 +2.6% $13.63 116,301 29 Jun 2021 Direct F1
transaction RUN Common Stock Sale $173,518 -2,937 -2.5% $59.08 113,364 29 Jun 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -3,083 -8.3% $0.000000 33,909 28 Jun 2021 Common Stock 3,083 $9.81 Direct F1, F3
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -2,937 -20% $0.000000 11,751 29 Jun 2021 Common Stock 2,937 $13.63 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan.
F2 Shares held following the reported transactions include 49,156 Restricted Stock Units, which are subject to forfeiture until they vest.
F3 25% of the shares subject to the option vested on March 17, 2021, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F4 25% of the shares subject to the option vested on June 15, 2019, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.