Danny Abajian - Sep 3, 2024 Form 4 Insider Report for Sunrun Inc. (RUN)

Role
Chief Financial Officer
Signature
/s/ Jay Maloney, Attorney-in-Fact
Stock symbol
RUN
Transactions as of
Sep 3, 2024
Transactions value $
-$501,521
Form type
4
Date filed
9/4/2024, 08:51 PM
Previous filing
Jul 9, 2024
Next filing
Sep 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Options Exercise $98.6K +10.8K +3.86% $9.17 289K Sep 3, 2024 Direct F1
transaction RUN Common Stock Options Exercise $29.9K +4.11K +1.42% $7.27 293K Sep 3, 2024 Direct F1
transaction RUN Common Stock Options Exercise $54.9K +6.83K +2.33% $8.05 300K Sep 3, 2024 Direct F1
transaction RUN Common Stock Options Exercise $147K +15K +4.99% $9.81 315K Sep 3, 2024 Direct F1
transaction RUN Common Stock Sale -$735K -36.7K -11.64% $20.06 278K Sep 3, 2024 Direct F1, F2
transaction RUN Common Stock Options Exercise $95.1K +9.69K +3.48% $9.81 288K Sep 4, 2024 Direct F1
transaction RUN Common Stock Sale -$191K -9.69K -3.37% $19.75 278K Sep 4, 2024 Direct F1, F3, F4
holding RUN Common Stock 135K Sep 3, 2024 See Footnote F5

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 -10.8K -100% $0.00 0 Sep 3, 2024 Common Stock 10.8K $9.17 Direct F1, F6
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -4.11K -100% $0.00 0 Sep 3, 2024 Common Stock 4.11K $7.27 Direct F1, F6
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -6.83K -36.1% $0.00 12.1K Sep 3, 2024 Common Stock 6.83K $8.05 Direct F1, F6
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -15K -60.69% $0.00 9.69K Sep 3, 2024 Common Stock 15K $9.81 Direct F1, F6
transaction RUN Employee Stock Option (right to buy) Options Exercise $0 -9.69K -100% $0.00 0 Sep 4, 2024 Common Stock 9.69K $9.81 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2024.
F2 Price represents the weighted average sale price of the shares sold. The sale price ranged from $19.75 to $20.27 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 Price represents the weighted average sale price of the shares sold. The sale price ranged from $19.75 to $19.755 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.
F4 Shares held following the reported transactions include 275,180 restricted stock units, which are subject to forfeiture until they vest.
F5 Securities held of record by Abajian Family Trust, of which the Reporting Person is co-trustee.
F6 The shares subject to the option are fully vested and exercisable.