Arthur DuBose - 22 Mar 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
Issuer symbol
NOVA
Transactions as of
22 Mar 2022
Net transactions value
$0
Form type
4
Filing time
24 Mar 2022, 17:43:30 UTC
Previous filing
15 Mar 2022
Next filing
28 Sep 2022
SEC
View on sec.gov

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 +10,729 $0.000000 10,729 22 Mar 2022 Common Stock 10,729 Direct F1, F2
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +9,309 $0.000000 9,309 22 Mar 2022 Common Stock 9,309 $25.63 Direct F3
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +9,669 $0.000000 9,669 22 Mar 2022 Common Stock 9,669 $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