Danny Abajian - May 30, 2022 Form 3 Insider Report for Sunrun Inc. (RUN)

Role
Chief Financial Officer
Signature
/s/ Jay Maloney, Attorney-in-Fact
Stock symbol
RUN
Transactions as of
May 30, 2022
Transactions value $
$0
Form type
3
Date filed
6/7/2022, 08:20 PM
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RUN Common Stock 85.7K May 30, 2022 Direct F1

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
holding RUN Employee Stock Option (right to buy) May 30, 2022 Common Stock 10.8K $9.17 Direct F2
holding RUN Employee Stock Option (right to buy) May 30, 2022 Common Stock 4.11K $7.27 Direct F2
holding RUN Employee Stock Option (right to buy) May 30, 2022 Common Stock 18.9K $8.05 Direct F2
holding RUN Employee Stock Option (right to buy) May 30, 2022 Common Stock 10.6K $14.57 Direct F3
holding RUN Employee Stock Option (right to buy) May 30, 2022 Common Stock 35K $19.49 Direct F2
holding RUN Employee Stock Option (right to buy) May 30, 2022 Common Stock 24.7K $9.81 Direct F4
holding RUN Employee Stock Option (right to buy) May 30, 2022 Common Stock 13.9K $43.51 Direct F5
holding RUN Employee Stock Option (right to buy) May 30, 2022 Common Stock 12.7K $28.80 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held include 22,570 Restricted Stock Units, which are subject to forfeiture until they vest.
F2 The shares subject to the option are fully vested and exercisable.
F3 Original option grant was for 19,484 shares, of which 8,930 shares have been exercised. 25% of the shares subject to the option vested on March 15, 2020, and 1/36 of the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F4 25% of the shares subject to the option vested on March 16, 2021, and 1/36 of the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F5 25% of the shares subject to the option vested on April 6, 2022, and 1/36 of the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
F6 25% of the shares subject to the option will vest on April 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.