Danny Abajian - Apr 8, 2024 Form 4 Insider Report for Sunrun Inc. (RUN)

Signature
/s/ Jay Maloney, Attorney-in-Fact
Stock symbol
RUN
Transactions as of
Apr 8, 2024
Transactions value $
-$210,548
Form type
4
Date filed
4/10/2024, 08:31 PM
Previous filing
Mar 19, 2024
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Sale -$211K -17.4K -9.63% $12.07 164K Apr 8, 2024 Direct F1, F2
transaction RUN Common Stock Gift $0 -17.7K -10.79% $0.00 146K Apr 8, 2024 Direct
transaction RUN Common Stock Gift $0 +17.7K +15.91% $0.00 129K Apr 8, 2024 See Footnote F3
transaction RUN Common Stock Award $0 +144K +98.91% $0.00 291K Apr 10, 2024 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to cover tax obligation from settlement of vested restricted stock units.
F2 Price represents the weighted average sale price of the shares sold. The sale price ranged from $11.905 to $12.235 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 Securities held of record by Abajian Family Trust, of which the Reporting Person is co-trustee.
F4 Each share is represented by a restricted stock unit. 25% of the restricted stock units will vest on April 6, 2025, and 1/12 of the remaining restricted stock units will vest quarterly thereafter, subject to the Reporting Person's continued service through each vesting date.
F5 Shares held following the reported transactions include 288,678 restricted stock units, which are subject to forfeiture until they vest.