Edward Harris Fenster - Dec 30, 2022 Form 4 Insider Report for Sunrun Inc. (RUN)

Role
Co-Executive Chair, Director
Signature
/s/ Jay Maloney, Attorney-in-Fact
Stock symbol
RUN
Transactions as of
Dec 30, 2022
Transactions value $
-$6,006,930
Form type
4
Date filed
1/4/2023, 08:44 PM
Previous filing
Dec 23, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Sale -$3.62M -153K -9.81% $23.59 1.41M Dec 30, 2022 Direct F1, F2
transaction RUN Common Stock Sale -$2.49M -100K -7.09% $24.92 1.31M Jan 3, 2023 Direct F1
transaction RUN Common Stock Options Exercise $100K +6.86K +0.52% $14.57 1.32M Jan 3, 2023 Direct
transaction RUN Common Stock Options Exercise $5.91K +602 +0.05% $9.81 1.32M Jan 3, 2023 Direct
transaction RUN Common Stock Gift $0 -25K -1.9% $0.00 1.29M Jan 4, 2023 Direct F3

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 -6.86K -3.52% $0.00 188K Jan 3, 2023 Common Stock 6.86K $14.57 Direct F4
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -602 -0.41% $0.00 148K Jan 3, 2023 Common Stock 602 $9.81 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan.
F2 Price represents the weighted average sale price of the shares sold. The sale price ranged from $23.22 to $23.97 per share. Upon request by the Commission staff, the Issuer, or a 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 Shares held following the reported transactions include 95,878 Restricted Stock Units, which are subject to forfeiture until they vest.
F4 25% of the shares subject to the option vested on March 15, 2020, and 1/36 of the remaining shares 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 March 17, 2021, and 1/36 of the remaining shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.