Edward Harris Fenster - 16 Feb 2023 Form 4 Insider Report for Sunrun Inc. (RUN)

Signature
/s/ Jay Maloney, Attorney-in-Fact
Issuer symbol
RUN
Transactions as of
16 Feb 2023
Net transactions value
-$972,525
Form type
4
Filing time
17 Feb 2023, 19:47:19 UTC
Previous filing
04 Jan 2023
Next filing
08 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Options Exercise $250,000 +50,000 +3.9% $5.00 1,343,871 16 Feb 2023 Direct F1
transaction RUN Common Stock Sale $1,222,525 -50,000 -3.7% $24.45 1,293,871 16 Feb 2023 Direct F1, F2, 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 -50,000 -12% $0.000000 362,000 16 Feb 2023 Common Stock 50,000 $5.00 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions 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 $24.23 to $24.72 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 The shares subject to the option are fully vested and exercisable.