Michelle Philpot - 04 Aug 2023 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
04 Aug 2023
Net transactions value
+$97,063
Form type
4
Filing time
04 Aug 2023, 20:26:06 UTC
Previous filing
20 Jun 2023
Next filing
18 Aug 2023
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 $61,777 +4,240 +7.2% $14.57 63,392 04 Aug 2023 Direct
transaction RUN Common Stock Options Exercise $35,287 +3,597 +5.7% $9.81 66,989 04 Aug 2023 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
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -4,240 -54% $0.000000 3,657 04 Aug 2023 Common Stock 4,240 $14.57 Direct F2
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -3,597 -22% $0.000000 12,844 04 Aug 2023 Common Stock 3,597 $9.81 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held following the reported transactions include 35,337 Restriced Stock Units, which are subject to forfeiture until they vest.
F2 The shares subject to the option are fully vested and exercisable.
F3 25% of the shares subject to the option vested on March 17, 2021, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.