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Sunrun Inc. — Director's Dealing 2022
Mar 9, 2022
31155_dirs_2022-03-09_50930479-2eb4-451a-b056-251021899806.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sunrun Inc. (RUN)
CIK: 0001469367
Period of Report: 2022-03-07
Reporting Person: Fenster Edward Harris (Director, Co-Executive Chair)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-07 | Common Stock | S | 2698 | $28.6787 | Disposed | 1575071 | Direct |
| 2022-03-07 | Common Stock | A | 50937 | — | Acquired | 1626008 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-07 | Common Stock | $27.92 | A | 73789 | Acquired | 2032-03-06 | Common Stock (73789.0) | 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 $29.1201 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: 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.
F4: Shares held following the reported transactions include 146,986 RSUs, which are subject to forfeiture until they vest.
F5: 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.