C. Park Shaper - 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, 06:05 PM
Previous filing: May 5, 2022
Next filing: Aug 9, 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						1.28M	May 18, 2022	See Footnote	F2

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, F3
transaction	NOVA	Restricted Stock Units	Options Exercise	$0	-4.31K	-100%	$0.00^*	0	May 19, 2022	Common Stock	4.31K		Direct	F1, 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	Such shares of Common Stock are owned directly by Seis Holdings LLC. The reporting person serves as the Chief Executive Officer for, and he and his spouse hold membership interests in, Seis Holdings LLC. 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	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.