Lynch Jack O III - 01 May 2023 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Executive Vice President, Chief Human Resources Officer
Signature
/s/ David Searle by Power of Attorney
Issuer symbol
NOVA
Transactions as of
01 May 2023
Net transactions value
$0
Form type
4
Filing time
03 May 2023, 16:15:32 UTC
Next filing
08 Mar 2024
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 +11,687 $0.000000 11,687 01 May 2023 Common Stock 11,687 Direct F1, F2
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +9,021 $0.000000 9,021 01 May 2023 Common Stock 9,021 $17.23 Direct F3
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +9,279 $0.000000 9,279 01 May 2023 Common Stock 9,279 $18.95 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 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.
F3 These Nonqualified Stock Options ("Options") were granted under the Plan and become exercisable in full on the third anniversary of the date of grant.

Remarks:

Executive Vice President, Chief Human Resources Officer