Mary Powell - 31 Aug 2021 Form 4 Insider Report for Sunrun Inc. (RUN)

Role: Chief Executive Officer, Director
Signature: /s/ Jay Maloney, Attorney-in-Fact
Issuer symbol: RUN
Transactions as of: 31 Aug 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Sep 2021, 20:55:37 UTC
Previous filing: 01 Jul 2021
Next filing: 17 Nov 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	Award	$0	+62,047	+149%	$0.000000	103,744	31 Aug 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)	Award	$0	+74,294		$0.000000	74,294	31 Aug 2021	Common Stock	74,294	$44.25	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs will vest on August 31, 2022, and the remaining RSUs will vest quarterly over the following three years, subject to the Reporting Person's continued service through each vesting date.
F2	Shares held following the reported transactions include 64,703 RSUs, which are subject to forfeiture until they vest.
F3	25% of the shares subject to the option will vest on August 31, 2022, and 1/36 of the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.