Akbar Mohamed - 23 Dec 2021 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Director
Signature
/s/ Walter A. Baker by Power of Attorney
Issuer symbol
NOVA
Transactions as of
23 Dec 2021
Net transactions value
+$522,600
Form type
4
Filing time
28 Dec 2021, 17:24:20 UTC
Previous filing
21 May 2021
Next filing
07 Mar 2022
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 +2,553 +11% $0.000000 25,386 23 Dec 2021 Direct F1
transaction NOVA Common Stock Purchase $522,600 +20,000 +79% $26.13 45,386 28 Dec 2021 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 -2,553 -100% $0.000000* 0 23 Dec 2021 Common Stock 2,553 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 price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $25.96 to $26.30. 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 purchased at each separate price within the such range.
F3 The RSUs vested on the one year anniversary of the date of grant subject to the reporting person's continued service through that date. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.