Michael C. Morgan - 07 Oct 2024 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 Oct 2024, 20:36:26 UTC
Prior SEC filing
10 Jun 2024
Next SEC filing
03 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David Searle by Power of Attorney

Key filing fact

Michael C. Morgan filed Form 4 for Sunnova Energy International Inc. (NOVA) on 09 Oct 2024.

Key facts

  • This page summarizes Michael C. Morgan's Form 4 filing for Sunnova Energy International Inc. (NOVA).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 09 Oct 2024, 20:36.

Change

  • Previous filing in this sequence was filed on 10 Jun 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NOVA transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+9,979
Change %
+132%
Price
$0.000000
Shares after
17,545
Date
07 Oct 2024
Ownership
Direct
Footnotes
F1
NOVA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
356,750
Date
07 Oct 2024
Ownership
See Footnotes
Footnotes
F2, F3
NOVA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,012
Date
07 Oct 2024
Ownership
See Footnote
Footnotes
F4
NOVA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
14,915
Date
07 Oct 2024
Ownership
See Footnote
Footnotes
F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NOVA transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-9,979
Change %
-100%
Price
$0.000000
Shares after
0
Date
07 Oct 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,979
Exercise price
Footnotes
F1, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Michael C. Morgan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock of Sunnova Energy International Inc. ("Common Stock").

Footnote F2

The reporting person disclaims beneficial ownership of this Common Stock except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such Common Stock for purposes of Section 16 or for any other purpose.

Footnote F3

Such shares of Common Stock are held indirectly by the reporting person through Portcullis Partners, LP. The reporting person serves as the Manager of the general partner, Portcullis G.P., LLC, for, and he and his spouse indirectly hold interests in, Portcullis Partners, LP.

Footnote F4

Such shares of Common Stock are owned directly by Michael and Christine Morgan 2001 Investment Trust. The reporting person and his spouse are co-trustees and beneficiaries of the Michael and Christine Morgan 2001 Investment Trust.

Footnote F5

Such shares of Common Stock are held indirectly by the reporting person via Trust.

Footnote F6

The RSUs vesting has been accelerated in connection with the reporting person's service through the departure date on October 7, 2024. The remainder of the RSUs (14,969) associated with this May 17, 2024 grant have been forfeited. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.

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