Jeanna Steele - Dec 6, 2021 Form 4 Insider Report for Sunrun Inc. (RUN)

Role
Chief Legal and People Officer
Signature
/s/ Jay Maloney, Attorney-in-Fact
Stock symbol
RUN
Transactions as of
Dec 6, 2021
Transactions value $
$0
Form type
4
Date filed
12/8/2021, 07:10 PM
Previous filing
Nov 18, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Award $0 +18.8K +18.14% $0.00 122K Dec 6, 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 +40.9K $0.00 40.9K Dec 6, 2021 Common Stock 40.9K $40.35 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 December 6, 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 transaction include 62,115 Restricted Stock Units, which are subject to forfeiture until they vest.
F3 25% of the shares subject to the option will vest on Decemember 6, 2022, and 1/48 of the shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.