Michael P. Grasso - 22 Mar 2025 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Executive Vice President, Chief Revenue Officer
Signature
/s/ David Searle by Power of Attorney
Issuer symbol
NOVA
Transactions as of
22 Mar 2025
Net transactions value
-$2,141
Form type
4
Filing time
25 Mar 2025, 17:59:24 UTC
Previous filing
07 Mar 2025
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 +14,631 +20% $0.000000 86,761 22 Mar 2025 Direct
transaction NOVA Common Stock Tax liability $2,141 -5,221 -6% $0.4100 81,540 22 Mar 2025 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 Options Exercise $0 +14,631 $0.000000 0 22 Mar 2025 Common Stock 14,631 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale of such shares of Common Stock was authorized by the reporting person in order to meet tax obligations upon vesting March 22, 2025 and further settlement.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock.
F3 These RSUs were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan") and vest 25% on the second anniversary of the date of grant, and remaining 75% on the third anniversary beginning March 22, 2024. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.

Remarks:

Executive Vice President, Chief Revenue Officer