Sunrun Inc. — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sunrun Inc. (RUN)
CIK: 0001469367
Period of Report: 2021-01-04

Reporting Person: STEELE JEANNA (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-04	Common Stock	M	20000	$9.17	Acquired	95503	Direct
2021-01-04	Common Stock	M	22248	$8.05	Acquired	117751	Direct
2021-01-04	Common Stock	M	692	$13.63	Acquired	118443	Direct
2021-01-04	Common Stock	S	2355	$70.693	Disposed	116088	Direct
2021-01-04	Common Stock	S	5084	$71.3196	Disposed	111004	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-04	Employee Stock Option (right to buy)	$9.17	M	20000	Disposed	2025-04-09	Common Stock (20000.0)	Direct
2021-01-04	Employee Stock Option (right to buy)	$8.05	M	22248	Disposed	2028-03-19	Common Stock (22248.0)	Direct
2021-01-04	Employee Stock Option (right to buy)	$13.63	M	692	Disposed	2028-06-14	Common Stock (692.0)	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 $70.12 to $71.10 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 $71.12 to $71.90 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: Shares held following the reported transactions include 55,271 Restricted Stock Units, which are subject to forfeiture until they vest

F5: The shares subject to the option are fully vested and exercisable.

F6: 25% of the shares subject to the option vested on March 15, 2019, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.

F7: 25% of the shares subject to the option vested on June 15, 2019, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.