Michael C. Morgan - May 18, 2022 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Director
Signature
/s/ Walter A. Baker by Power of Attorney
Stock symbol
NOVA
Transactions as of
May 18, 2022
Transactions value $
$0
Form type
4
Date filed
5/20/2022, 06:03 PM
Previous filing
Apr 29, 2022
Next filing
Jul 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVA Common Stock Options Exercise $0 +4.31K $0.00 4.31K May 19, 2022 Direct F1
holding NOVA Common Stock 357K May 18, 2022 See Footnotes F2, F3
holding NOVA Common Stock 6.01K May 18, 2022 See Footnote F4
holding NOVA Common Stock 3.36K May 18, 2022 See Footnote F4

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 +7.26K $0.00 7.26K May 18, 2022 Common Stock 7.26K Direct F1, F5
transaction NOVA Restricted Stock Units Options Exercise $0 -4.31K -100% $0.00* 0 May 19, 2022 Common Stock 4.31K Direct F1, F5
* 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 reporting person disclaims beneficial ownership of this Common Stock except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such Common Stock for purposes of Section 16 or for any other purpose.
F3 Such shares of Common Stock are held indirectly by the reporting person through Portcullis Partners, LP. The reporting person serves as the Manager of the general partner, Portcullis G.P., LLC, for, and he and his spouse indirectly hold interests in, Portcullis Partners, LP.
F4 Such shares of Common Stock are held indirectly by reporting person via Trust.
F5 The RSUs will vest 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.