Michelle Philpot - Aug 4, 2023 Form 4 Insider Report for Sunrun Inc. (RUN)

Role
Chief Accounting Officer
Signature
/s/ Jay Maloney, Attorney-in-Fact
Stock symbol
RUN
Transactions as of
Aug 4, 2023
Transactions value $
$97,063
Form type
4
Date filed
8/4/2023, 08:26 PM
Previous filing
Jun 20, 2023
Next filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Options Exercise $61.8K +4.24K +7.17% $14.57 63.4K Aug 4, 2023 Direct
transaction RUN Common Stock Options Exercise $35.3K +3.6K +5.67% $9.81 67K Aug 4, 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 -4.24K -53.69% $0.00 3.66K Aug 4, 2023 Common Stock 4.24K $14.57 Direct F2
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -3.6K -21.88% $0.00 12.8K Aug 4, 2023 Common Stock 3.6K $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.