Sunrun Inc. — Director's Dealing 2020

Dec 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sunrun Inc. (RUN)
CIK: 0001469367
Period of Report: 2020-12-18

Reporting Person: Fenster Edward Harris (Director, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-18	Common Stock	S	11964	$62.487	Disposed	1586131	Direct
2020-12-21	Common Stock	M	27046	$3.19	Acquired	1613177	Direct
2020-12-21	Common Stock	M	100000	$5	Acquired	1713177	Direct
2020-12-21	Common Stock	S	11490	$61.5895	Disposed	1701687	Direct
2020-12-21	Common Stock	S	62130	$62.9163	Disposed	1639557	Direct
2020-12-21	Common Stock	S	51726	$63.5396	Disposed	1587831	Direct
2020-12-21	Common Stock	S	1700	$64.3235	Disposed	1586131	Direct
2020-12-21	Common Stock	M	22000	$5.08	Acquired	1608131	Direct
2020-12-21	Common Stock	G	20000	—	Disposed	1588131	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-21	Employee Stock Option (right to buy)	$3.19	M	27046	Disposed	2023-04-11	Common Stock (27046.0)	Direct
2020-12-21	Employee Stock Option (right to buy)	$5.0	M	100000	Disposed	2027-03-14	Common Stock (100000.0)	Direct
2020-12-21	Employee Stock Option (right to buy)	$5.08	M	22000	Disposed	2026-02-10	Common Stock (22000.0)	Direct

Footnotes

F1: The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan.

F2: Price represents the weighted average sale price of the shares sold. The sale price ranged from $61.96 to $62.70 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F3: Price represents the weighted average sale price of the shares sold. The sale price ranged from $61.19 to $62.175 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F4: Price represents the weighted average sale price of the shares sold. The sale price ranged from $62.235 to $63.22 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F5: Price represents the weighted average sale price of the shares sold. The sale price ranged from $63.24 to $64.22 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F6: Price represents the weighted average sale price of the shares sold. The sale price ranged from $64.27 to $64.37 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.

F7: Shares gifted to a Charitable Donor Advised Fund.

F8: Shares held following the reported transactions include 156,542 Restricted Stock Units, which are subject to forfeiture until they vest.

F9: The shares subject to the option are fully vested and exercisable.

F10: 25% of the shares subject to the option vested on March 15, 2018, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.

F11: 25% of the shares subject to the option vested on February 11, 2017, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.