Sunrun Inc. — Director's Dealing 2020

Dec 21, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sunrun Inc. (RUN)
CIK: 0001469367
Period of Report: 2020-12-17

Reporting Person: Dawson Christopher (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-17	Common Stock	M	50000	$6.06	Acquired	272877	Direct
2020-12-17	Common Stock	S	6134	$60.2617	Disposed	266743	Direct
2020-12-17	Common Stock	S	16245	$61.3589	Disposed	250498	Direct
2020-12-17	Common Stock	S	22416	$62.2014	Disposed	228082	Direct
2020-12-17	Common Stock	S	5205	$63.0458	Disposed	222877	Direct
2020-12-18	Common Stock	M	50000	$6.06	Acquired	272877	Direct
2020-12-18	Common Stock	S	25081	$62.5001	Disposed	247796	Direct
2020-12-18	Common Stock	S	9173	$63.174	Disposed	238623	Direct
2020-12-18	Common Stock	S	6497	$64.4748	Disposed	232126	Direct
2020-12-18	Common Stock	S	11145	$65.4568	Disposed	220981	Direct
2020-12-18	Common Stock	S	6309	$66.3034	Disposed	214672	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-17	Employee Stock Option (right to buy)	$6.06	M	50000	Disposed	2027-12-14	Common Stock (50000.0)	Direct
2020-12-18	Employee Stock Option (right to buy)	$6.06	M	50000	Disposed	2027-12-14	Common Stock (50000.0)	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 $59.72 to $60.71 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 $60.73 to $61.725 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 $61.79 to $62.78 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 $62.86 to $63.36 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 $61.86 to $62.85 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: Price represents the weighted average sale price of the shares sold. The sale price ranged from $62.88 to $63.78 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.

F8: Price represents the weighted average sale price of the shares sold. The sale price ranged from $63.96 to $64.86 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.

F9: Price represents the weighted average sale price of the shares sold. The sale price ranged from $64.98 to $65.97 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.

F10: Price represents the weighted average sale price of the shares sold. The sale price ranged from $65.98 to $66.91 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.

F11: Shares held following the reported transactions include 129,636 Restricted Stock Units, which are subject to forfeiture until they vest.

F12: 25% of the shares subject to the option vested on December 15, 2018, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.