| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NOVA | Common Stock | Sale | -$196K | -14K | -10.08% | $14.00 | 125K | Mar 22, 2023 | Direct | F1, F2 |
| transaction | NOVA | Common Stock | Sale | -$65.1K | -4.82K | -3.85% | $13.51 | 120K | Mar 23, 2023 | Direct | F3, F4 |
| holding | NOVA | Common Stock | 3K | Mar 22, 2023 | By Trust |
| 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 | +51.7K | $0.00 | 51.7K | Mar 22, 2023 | Common Stock | 51.7K | Direct | F5, F6 | ||
| transaction | NOVA | Non-Qualified Stock Option (Right to Buy) | Award | $0 | +40.3K | $0.00 | 40.3K | Mar 22, 2023 | Common Stock | 40.3K | $13.53 | Direct | F7 | |
| transaction | NOVA | Non-Qualified Stock Option (Right to Buy) | Award | $0 | +41.5K | $0.00 | 41.5K | Mar 22, 2023 | Common Stock | 41.5K | $14.88 | Direct | F7 |
| Id | Content |
|---|---|
| F1 | The sale of such shares of common stock of Sunnova Energy International Inc. ("Common Stock") was authorized by the reporting person to cover the tax withholding obligation upon the March 22, 2023 settlement of the common stock that vested on March 10, 2023 and the restricted stock units that vested on March 12, 2023. |
| 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 $13.80 to $14.19. 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. |
| F3 | The sale of such shares of Common Stock was authorized by the reporting person to cover the tax withholding obligation upon the March 23, 2023 settlement of the restricted stock units that vested on March 22, 2023. |
| F4 | 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 $13.32 to $13.65. 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. |
| F5 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock. |
| F6 | These RSUs were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan") and vest in full on the third anniversary of the date of grant. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest. |
| F7 | These Nonqualified Stock Options ("Options") were granted under the Plan and become exercisable in full on the third anniversary of the date of grant. |
Executive Vice President, Chief Financial Officer