Lynn Michelle Jurich - 28 Feb 2025 Form 4 Insider Report for Sunrun Inc. (RUN)

Role
Director
Signature
/s/ Sundance Banks, Attorney-in-Fact
Issuer symbol
RUN
Transactions as of
28 Feb 2025
Net transactions value
-$36,799
Form type
4
Filing time
04 Mar 2025, 19:16:34 UTC
Previous filing
20 Feb 2025
Next filing
07 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Award $0 +12,355 +1.3% $0.000000 954,108 28 Feb 2025 Direct F1
transaction RUN Common Stock Sale $36,799 -5,785 -0.61% $6.36 948,323 03 Mar 2025 Direct F2, F3, F4
holding RUN Common Stock 1,600,000 28 Feb 2025 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 4, 2021, the Reporting Person was granted performance-based restricted stock units ("PRSUs"). Each PRSU represents a contingent right to receive a share of the Issuer's Common Stock upon settlement. The PRSUs vest on the date that the Compensation Committee of the Issuer's Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria for the measurement period ending December 31, 2024 were met and certified on February 28, 2025, resulting in the issuance of 12,355 shares of the Issuer's Common Stock.
F2 Shares sold to cover tax obligation from settlement of vested restricted stock units.
F3 Price represents the weighted average sale price of the shares sold. The sale price ranged from $6.29 to $6.44 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 8,707 restricted stock units, which are subject to forfeiture until they vest.
F5 Securities held of record by Jurich Murray Holdings LLC, of which the Reporting Person is a member.