Michelle Philpot - Mar 7, 2022 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
Mar 7, 2022
Transactions value $
-$13,423
Form type
4
Date filed
3/9/2022, 08:23 PM
Previous filing
Dec 17, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Sale -$13.4K -469 -1.94% $28.62 23.7K Mar 7, 2022 Direct F1, F2, F3
transaction RUN Common Stock Award $0 +10.2K +43.01% $0.00 33.9K Mar 7, 2022 Direct F4, F5

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 +14.8K $0.00 14.8K Mar 7, 2022 Common Stock 14.8K $27.92 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to cover tax obligation from settlement of vested Restricted Stock Units ("RSUs").
F2 Price represents the weighted average sale price of the shares sold. The sale price ranged from $28.58 to $29.1801 per share. Upon request by the Commission staff, the Issuer, or any 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 Includes 572 shares acquired under the Issuer's employee stock purchase plan.
F4 Each share is represented by an RSU. 25% of the RSUs will vest on March 6, 2023, and 1/12 of the remaining RSUs will vest quarterly thereafter, subject to the Reporting Person's continued service through each vesting date.
F5 Shares held following the reported transactions include 26,389 RSUs, which are subject to forfeiture until they vest.
F6 25% of the shares subject to the option will vest on March 6, 2023, and 1/36 of the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.