Michelle Philpot - Jul 20, 2021 Form 4 Insider Report for Sunrun Inc. (RUN)

Role
Chief Accounting Officer
Signature
/s/ Jay Maloney, Attorney-in-Fact
Stock symbol
RUN
Transactions as of
Jul 20, 2021
Transactions value $
-$734,434
Form type
4
Date filed
7/22/2021, 08:37 PM
Previous filing
Jun 17, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Options Exercise $66.8K +8.3K +23.14% $8.05 44.2K Jul 20, 2021 Direct F1
transaction RUN Common Stock Options Exercise $80.6K +8.22K +18.61% $9.81 52.4K Jul 20, 2021 Direct F1
transaction RUN Common Stock Sale -$668K -14.2K -27.01% $47.17 38.2K Jul 20, 2021 Direct F1, F2
transaction RUN Common Stock Sale -$214K -4.48K -11.71% $47.85 33.8K Jul 20, 2021 Direct F1, F3, F4

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 -8.3K -43.9% $0.00 10.6K Jul 20, 2021 Common Stock 8.3K $8.05 Direct F1, F5
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -8.22K -33.33% $0.00 16.4K Jul 20, 2021 Common Stock 8.22K $9.81 Direct F1, F6
* 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 Price represents the weighted average sale price of the shares sold. The sale price ranged from $46.57 to $47.55 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.
F3 Price represents the weighted average sale price of the shares sold. The sale price ranged from $47.59 to $47.96 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.
F4 Shares held following the reported transactions include 23,689 Restricted Stock Units, which are subject to forfeiture until they vest.
F5 25% of the shares subject to the option vested on March 15, 2019, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F6 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.