Michelle Philpot - 16 Nov 2022 Form 4 Insider Report for Sunrun Inc. (RUN)

Role
Chief Accounting Officer
Signature
/s/ Jay Maloney, Attorney-in-Fact
Issuer symbol
RUN
Transactions as of
16 Nov 2022
Net transactions value
+$62,774
Form type
4
Filing time
18 Nov 2022, 19:40:59 UTC
Previous filing
19 Sep 2022
Next filing
08 Dec 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 Options Exercise $30,429 +3,780 +12% $8.05 34,128 16 Nov 2022 Direct
transaction RUN Common Stock Options Exercise $32,345 +2,220 +6.2% $14.57 37,951 16 Nov 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) Options Exercise $0 -3,780 -75% $0.000000 1,263 16 Nov 2022 Common Stock 3,780 $8.05 Direct F3
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -2,220 -22% $0.000000 7,897 16 Nov 2022 Common Stock 2,220 $14.57 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,603 shares acquired under the Issuer's employee stock purchase plan.
F2 Shares held following the reported transactions include 19,194 Restricted Stock Units, which are subject to forfeiture until they vest.
F3 The shares subject to the option are fully vested and exercisable.
F4 25% of the shares subject to the option vested on March 15, 2020, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.