Robert Lawrence Lane - 16 Mar 2022 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Executive Vice President, Chief Financial Officer
Signature
/s/ Walter A. Baker by Power of Attorney
Issuer symbol
NOVA
Transactions as of
16 Mar 2022
Net transactions value
-$94,753
Form type
4
Filing time
17 Mar 2022, 16:36:25 UTC
Previous filing
15 Mar 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 Sale $94,753 -4,051 -4.4% $23.39 87,713 16 Mar 2022 Direct F1, F2
holding NOVA Common Stock 3,000 16 Mar 2022 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale of such shares of common stock of Sunnova Energy International Inc. ("Common Stock") was authorized by the reporting person in order to meet tax obligations arising from the awards that vested on March 12, 2022 and further settlement. The sale was performed to correct an administrative error by the reporting person's broker related to the reporting person's tax obligations arising from the awards.
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 $23.27 to $23.58. 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.

Remarks:

Executive Vice President, Chief Financial Officer