Jeanna Steele - 06 Dec 2021 Form 4 Insider Report for Sunrun Inc. (RUN)

Role: Chief Legal and People Officer
Signature: /s/ Jay Maloney, Attorney-in-Fact
Issuer symbol: RUN
Transactions as of: 06 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 08 Dec 2021, 19:10:36 UTC
Previous filing: 18 Nov 2021
Next filing: 17 Dec 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	+18,804	+18%	$0.000000	122,461	06 Dec 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	+40,916		$0.000000	40,916	06 Dec 2021	Common Stock	40,916	$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.