Michael P. Grasso - 15 Sep 2023 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Executive Vice President, Chief Revenue Officer
Signature
David C. Searle
Issuer symbol
NOVA
Transactions as of
15 Sep 2023
Net transactions value
$0
Form type
4
Filing time
19 Sep 2023, 14:08:05 UTC
Previous filing
27 Jan 2025
Next filing
11 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 +49,572 $0.000000 49,572 15 Sep 2023 Common Stock 49,572 Direct F1, F2
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +37,063 $0.000000 37,063 15 Sep 2023 Common Stock 37,063 $12.86 Direct F3
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +38,082 $0.000000 38,082 15 Sep 2023 Common Stock 38,082 $14.15 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.
F2 These RSUs were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan") and vest in full on March 22, 2026. 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 March 22, 2026.

Remarks:

Executive Vice President, Chief Revenue Officer