Arthur DuBose - Mar 22, 2022 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Executive Vice President, Chief Human Resources Officer
Signature
/s/ Walter A. Baker by Power of Attorney
Stock symbol
NOVA
Transactions as of
Mar 22, 2022
Transactions value $
$0
Form type
4
Date filed
3/24/2022, 05:43 PM
Previous filing
Mar 15, 2022
Next filing
Sep 28, 2022

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 Award $0 +10.7K $0.00 10.7K Mar 22, 2022 Common Stock 10.7K Direct F1, F2
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +9.31K $0.00 9.31K Mar 22, 2022 Common Stock 9.31K $25.63 Direct F3
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +9.67K $0.00 9.67K Mar 22, 2022 Common Stock 9.67K $28.19 Direct 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 These RSUs were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan") and vest 25% on the second anniversary of the date of grant, and remaining 75% on the third anniversary beginning March 22, 2024. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.
F3 These Nonqualified Stock Options ("Options") were granted under the Plan and vest 25% on the second anniversary of the date of grant, and remaining 75% on the third anniversary.

Remarks:

Executive Vice President, Chief Human Resources Officer