David Searle - 06 Mar 2024 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Executive Vice President, General Counsel and Chief Compliance Officer
Signature
/s/ David Searle by Power of Attorney
Issuer symbol
NOVA
Transactions as of
06 Mar 2024
Net transactions value
+$131,140
Form type
4
Filing time
11 Mar 2024, 11:23:17 UTC
Previous filing
23 Feb 2024
Next filing
12 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 Award $131,140 +20,849 +502% $6.29 25,001 06 Mar 2024 Direct F1

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 +111,287 $0.000000 111,287 06 Mar 2024 Common Stock 111,287 Direct F2, F3
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +79,365 $0.000000 79,365 06 Mar 2024 Common Stock 79,365 $6.29 Direct F4
transaction NOVA Non-Qualified Stock Option (Right to Buy) Award $0 +81,018 $0.000000 81,018 06 Mar 2024 Common Stock 81,018 $6.92 Direct F4
* 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 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of commons stock of Sunnova Energy International Inc. ("Common Stock").
F3 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.
F4 These Nonqualified Stock Options ("Options") were granted under the Plan and vest in full on the third anniversary of the date of grant.

Remarks:

Executive Vice President, General Counsel and Chief Compliance Officer