Jack O. Lynch III - Mar 6, 2024 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
EVP, Chief Human Resources Officer
Signature
/s/ David Searle by Power of Attorney
Stock symbol
NOVA
Transactions as of
Mar 6, 2024
Transactions value $
$1,040
Form type
4
Date filed
3/8/2024, 09:51 PM
Previous filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVA Common Stock Award $81.7K +13K $6.29 13K Mar 6, 2024 Direct F1
transaction NOVA Common Stock Sale -$80.7K -13K -100% $6.21 0 Mar 7, 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 Award $0 +71.5K $0.00 71.5K Mar 6, 2024 Common Stock 71.5K Direct F3, F4
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +51K $0.00 51K Mar 6, 2024 Common Stock 51K $6.29 Direct F5
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +52.1K $0.00 52.1K Mar 6, 2024 Common Stock 52.1K $6.92 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock of Sunnova Energy International Inc. ("Common Stock") were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan").
F2 The price reported in Column 4 is a weighted average price. These shares of common stock of Sunnova Energy International Inc. ("Common Stock") were sold in multiple transactions at prices ranging from $6.12 to $6.30. The reporting person undertakes to provide to Sunnova Energy International Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the such range.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of commons stock of Sunnova Energy International Inc. ("Common Stock").
F4 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.
F5 These Nonqualified Stock Options ("Options") were granted under the Plan and vest in full on the third anniversary of the date of grant.

Remarks:

EVP, Chief Human Resources Officer