David Searle - 21 Feb 2024 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Officer
Signature
/s/ David Searle by Power of Attorney
Issuer symbol
NOVA
Transactions as of
21 Feb 2024
Net transactions value
-$20,469
Form type
4
Filing time
23 Feb 2024, 13:37:21 UTC
Previous filing
25 Apr 2023
Next filing
11 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVA Common Stock Options Exercise $0 +5,903 $0.000000 5,903 21 Feb 2024 Direct F1
transaction NOVA Common Stock Tax liability $20,469 -1,751 -30% $11.69 4,152 21 Feb 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 -5,903 -33% $0.000000 11,806 21 Feb 2024 Common Stock 5,903 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 February 21, 2024 and further settlement.
F3 The Restricted Stock Units ("RSUs") will vest in three equal installments beginning on February 21, 2024. Common stock of the Issuer ("Common Stock") will be delivered to the reporting person no later than 15 days after the RSUs vest.