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

Role
Executive Vice President, Chief Revenue Officer
Signature
David C. Searle
Stock symbol
NOVA
Transactions as of
Sep 15, 2023
Transactions value $
$0
Form type
4
Date filed
9/19/2023, 02:08 PM
Previous filing
Mar 24, 2023
Next filing
Mar 11, 2024

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 +49.6K $0.00 49.6K Sep 15, 2023 Common Stock 49.6K Direct F1, F2
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +37.1K $0.00 37.1K Sep 15, 2023 Common Stock 37.1K $12.86 Direct F3
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +38.1K $0.00 38.1K Sep 15, 2023 Common Stock 38.1K $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