William J. Berger - 11 Mar 2022 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Chairman of the Board, President and Chief Executive Officer, Director
Signature
/s/ Walter A. Baker by Power of Attorney
Issuer symbol
NOVA
Transactions as of
11 Mar 2022
Net transactions value
+$298,108
Form type
4
Filing time
15 Mar 2022, 17:44:48 UTC
Previous filing
04 Feb 2022
Next filing
24 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 Award $499,994 +21,598 +5.8% $23.15 393,038 11 Mar 2022 Direct F1
transaction NOVA Common Stock Sale $199,640 -9,200 -2.3% $21.70 383,838 14 Mar 2022 Direct F2, F3
transaction NOVA Common Stock Sale $2,246 -100 -0.03% $22.46 383,738 14 Mar 2022 Direct F2
holding NOVA Common Stock 34,225 11 Mar 2022 See Footnote F4
holding NOVA Common Stock 7,471 11 Mar 2022 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock of Sunnova Energy International Inc. ("Common Stock") were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan").
F2 The sale of such shares of Common Stock was authorized by the reporting person in order to meet tax obligations upon vesting March 11, 2022 and further settlement.
F3 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 $21.38 to $22.23. 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.
F4 Such shares of Common Stock are owned directly by Jackson Leigh Ventures, LLC. The reporting person is the sole member of Jackson Leigh Ventures, LLC.
F5 Such shares of Common Stock are held in the reporting person's IRA.

Remarks:

Chairman of the Board, President and Chief Executive Officer