Sunrun Inc. — Director's Dealing 2022

Mar 9, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sunrun Inc. (RUN)
CIK: 0001469367
Period of Report: 2022-03-07

Reporting Person: Philpot Michelle (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-07	Common Stock	S	469	$28.6214	Disposed	23687	Direct
2022-03-07	Common Stock	A	10187	—	Acquired	33874	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-07	Employee Stock Option (right to buy)	$27.92	A	14757	Acquired	2032-03-06	Common Stock (14757.0)	Direct

Footnotes

F1: Shares sold to cover tax obligation from settlement of vested Restricted Stock Units ("RSUs").

F2: Price represents the weighted average sale price of the shares sold. The sale price ranged from $28.58 to $29.1801 per share. Upon request by the Commission staff, the Issuer, or any 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: Includes 572 shares acquired under the Issuer's employee stock purchase plan.

F4: Each share is represented by an RSU. 25% of the RSUs will vest on March 6, 2023, and 1/12 of the remaining RSUs will vest quarterly thereafter, subject to the Reporting Person's continued service through each vesting date.

F5: Shares held following the reported transactions include 26,389 RSUs, which are subject to forfeiture until they vest.

F6: 25% of the shares subject to the option will vest on March 6, 2023, and 1/36 of the remaining shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.