Kelsey Hultberg - 16 May 2021 Form 3 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Executive Vice President, Chief of Staff
Signature
/s/ Walter A. Baker by Power of Attorney
Issuer symbol
NOVA
Transactions as of
16 May 2021
Net transactions value
$0
Form type
3
Filing time
18 May 2021, 18:06:30 UTC
Next filing
15 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NOVA Common Stock 10,512 16 May 2021 Direct
holding NOVA Common Stock 675 16 May 2021 By Spouse

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
holding NOVA Non-Qualified Stock Option (Right to Buy) 16 May 2021 Common Stock 4,286 $13.58 Direct F1
holding NOVA Non-Qualified Stock Option (Right to Buy) 16 May 2021 Common Stock 12,858 $13.58 Direct F2
holding NOVA Non-Qualified Stock Option (Right to Buy) 16 May 2021 Common Stock 10,715 $13.58 Direct F3
holding NOVA Restricted Stock Units 16 May 2021 Common Stock 3,710 Direct F4, F5
holding NOVA Restricted Stock Units 16 May 2021 Common Stock 2,376 Direct F5, F6
holding NOVA Restricted Stock Units 16 May 2021 Common Stock 895 Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Nonqualified Stock Options ("Options") were originally granted under the Stock Option Plan of Sunnova Energy Corporation (the "Plan") on April 2, 2018 and are fully vested.
F2 These Options were originally granted under the Plan on September 5, 2018 and are fully vested.
F3 These Options were originally granted under the Plan on February 25, 2019 and are fully vested.
F4 The Restricted Stock Units ("RSUs") will vest in two equal annual installments beginning on March 12, 2022. Common stock of the Issuer ("Common Stock") will be delivered to the reporting person no later than 15 days after the RSUs vest.
F5 Each RSU represents a contingent right to receive one share of Common Stock.
F6 The RSUs will vest in three equal annual installments beginning on March 22, 2022. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.
F7 The RSUs will vest in full on April 1, 2022. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.

Remarks:

Executive Vice President, Chief of Staff