David Searle - 21 Feb 2025 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Executive Vice President, General Counsel and CCO
Signature
/s/ David Searle by Power of Attorney
Issuer symbol
NOVA
Transactions as of
21 Feb 2025
Net transactions value
-$3,414
Form type
4
Filing time
25 Feb 2025, 21:49:47 UTC
Previous filing
12 Mar 2024
Next filing
07 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVA Common Stock Options Exercise $0 +5,903 +36% $0.000000 22,403 21 Feb 2025 Direct F1
transaction NOVA Common Stock Tax liability $3,414 -1,751 -7.8% $1.95 20,652 21 Feb 2025 Direct F2

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 NOVA Restricted Stock Units Options Exercise $0 +5,903 $0.000000 5,903 21 Feb 2025 Common Stock 5,903 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock of Sunnova Energy International Inc. ("Common Stock").
F2 The sale of such shares of Common Stock was authorized by the reporting person in order to meet tax obligations upon vesting February 21, 2025 and further settlement.
F3 The RSUs were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan and vest in three equal installments beginning February 21, 2024. Common stock will be delivered to the reporting person no later than 15 days after the RSUs vest.

Remarks:

Executive Vice President, General Counsel and CCO