Kelsey Hultberg - May 16, 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
Stock symbol
NOVA
Transactions as of
May 16, 2021
Transactions value $
$0
Form type
3
Date filed
5/18/2021, 06:06 PM
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NOVA Common Stock 10.5K May 16, 2021 Direct
holding NOVA Common Stock 675 May 16, 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) May 16, 2021 Common Stock 4.29K $13.58 Direct F1
holding NOVA Non-Qualified Stock Option (Right to Buy) May 16, 2021 Common Stock 12.9K $13.58 Direct F2
holding NOVA Non-Qualified Stock Option (Right to Buy) May 16, 2021 Common Stock 10.7K $13.58 Direct F3
holding NOVA Restricted Stock Units May 16, 2021 Common Stock 3.71K Direct F4, F5
holding NOVA Restricted Stock Units May 16, 2021 Common Stock 2.38K Direct F5, F6
holding NOVA Restricted Stock Units May 16, 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