Danny Abajian - 10 Jun 2022 Form 4 Insider Report for Sunrun Inc. (RUN)

Role: Chief Financial Officer
Signature: /s/ Jay Maloney, Attorney-in-Fact
Issuer symbol: RUN
Transactions as of: 10 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 14 Jun 2022, 20:16:03 UTC
Previous filing: 07 Jun 2022
Next filing: 17 Jun 2022
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	+63,965	+75%	$0.000000	149,712	10 Jun 2022	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	+92,707		$0.000000	92,707	10 Jun 2022	Common Stock	92,707	$25.84	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 June 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.
F2	Shares held following the reported transaction include 86,535 RSUs, which are subject to forfeiture until they vest.
F3	25% of the shares subject to the option will vest on June 6, 2023, and 1/48 of the shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.