Michael C. Morgan - Oct 20, 2021 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Director
Signature
/s/ Walter A. Baker by Power of Attorney
Stock symbol
NOVA
Transactions as of
Oct 20, 2021
Transactions value $
-$1,300,389
Form type
4
Date filed
10/22/2021, 05:33 PM
Previous filing
Oct 1, 2021
Next filing
Oct 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVA Common Stock Sale -$75.3K -1.87K -100% $40.32 0 Oct 20, 2021 See Footnotes F1, F2, F3, F4
transaction NOVA Common Stock Sale -$1.14M -27.9K -6.69% $40.80 389K Oct 20, 2021 See Footnotes F1, F3, F5, F6
transaction NOVA Common Stock Sale -$86.8K -2.1K -0.54% $41.31 387K Oct 20, 2021 See Footnotes F1, F3, F6, F7
holding NOVA Common Stock 6.01K Oct 20, 2021 See Footnote F8
holding NOVA Common Stock 3.36K Oct 20, 2021 See Footnote F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales represented on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 20, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $40.25 to $40.47. The reporting person undertakes to provide to Sunnova Energy International Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the such range.
F3 The reporting person disclaims beneficial ownership of this Common Stock except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such Common Stock for purposes of Section 16 or for any other purpose.
F4 Such shares of Common Stock are held indirectly by the reporting person through Portcullis Investments, LP. The reporting person serves as the Manager of the general partner, Portcullis G.P., LLC, for, and he and his spouse indirectly hold interests in, Portcullis Investments, LP.
F5 The price reported in Column 4 is a weighted average price. These shares of common stock of Sunnova Energy International Inc. ("Common Stock") were sold in multiple transactions at prices ranging from $40.25 to $41.24. The reporting person undertakes to provide to Sunnova Energy International Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the such range.
F6 Such shares of Common Stock are held indirectly by the reporting person through Portcullis Partners, LP. The reporting person serves as the Manager of the general partner, Portcullis G.P., LLC, for, and he and his spouse indirectly hold interests in, Portcullis Partners, LP.
F7 The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $41.25 to $41.40. The reporting person undertakes to provide to Sunnova Energy International Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the such range.
F8 Such shares of Common Stock are held indirectly by the reporting person via Trust.