Paul S. Mathews - Jan 31, 2024 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
EVP, Service - Americas and Supply Chain
Signature
/s/ David Searle by Power of Attorney
Stock symbol
NOVA
Transactions as of
Jan 31, 2024
Transactions value $
-$5,344
Form type
4
Date filed
2/2/2024, 10:06 AM
Previous filing
Apr 25, 2023
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVA Common Stock Options Exercise $0 +1.71K $0.00 1.71K Jan 31, 2024 Direct F1
transaction NOVA Common Stock Tax liability -$5.34K -508 -29.69% $10.52 1.2K Jan 31, 2024 Direct 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 Options Exercise $0 -1.71K -33.33% $0.00 3.42K Jan 31, 2024 Common Stock 1.71K 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 commons stock of Sunnova Energy International Inc. ("Common Stock").
F2 The sale of such shares of Common Stock was authorized by the Company in order to meet tax obligations upon vesting January 31, 2024 and further settlement.
F3 The Restricted Stock Units ("RSUs") will vest in three equal installments beginning on January 31, 2024. Common stock of the Issuer ("Common Stock") will be delivered to the reporting person no later than 15 days after the RSUs vest.

Remarks:

EVP, Service - Americas and Supply Chain