0001608828-24-000014.txt : 20240326
0001608828-24-000014.hdr.sgml : 20240326
20240326125947
ACCESSION NUMBER: 0001608828-24-000014
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240322
FILED AS OF DATE: 20240326
DATE AS OF CHANGE: 20240326
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LANE ROBERT LAWRENCE
CENTRAL INDEX KEY: 0001675877
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38995
FILM NUMBER: 24782427
MAIL ADDRESS:
STREET 1: 12140 WICKCHESTER LANE
STREET 2: SUITE 100
CITY: HOUSTON
STATE: TX
ZIP: 77079
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sunnova Energy International Inc.
CENTRAL INDEX KEY: 0001772695
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 20 EAST GREENWAY PLAZA, SUITE 540
CITY: HOUSTON
STATE: TX
ZIP: 77046
BUSINESS PHONE: (281) 985-9900
MAIL ADDRESS:
STREET 1: 20 EAST GREENWAY PLAZA, SUITE 540
CITY: HOUSTON
STATE: TX
ZIP: 77046
4
1
wk-form4_1711472377.xml
FORM 4
X0508
4
2024-03-22
0
0001772695
Sunnova Energy International Inc.
NOVA
0001675877
LANE ROBERT LAWRENCE
20 GREENWAY PLAZA,
SUITE 540
HOUSTON
TX
77046
0
1
0
0
See Remarks
0
Common Stock
2024-03-22
4
M
0
7071
0
A
138436
D
Common Stock
2024-03-22
4
M
0
9803
0
A
148239
D
Common Stock
2024-03-25
4
S
0
6710
5.89
D
141529
D
Common Stock
3000
I
By Trust
Restricted Stock Units
2024-03-22
4
M
0
7071
0
D
Common Stock
7071
21216
D
Restricted Stock Units
2024-03-22
4
M
0
9803
0
D
Common Stock
9803
0
D
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock of Sunnova Energy International Inc. ("Common Stock").
The sale of such shares of Common Stock was authorized by the Company to cover the tax withholding obligation upon the March 25, 2024 settlement of the restricted stock units that vested on March 22, 2024.
The price reported in Column 4 is a weighted average price. These shares of common stock of Sunnova Energy International Inc. ("Common Stock") were sold pursuant to a 10b5-1 plan in multiple transactions at prices ranging from $5.77 to $5.99. The reporting person undertakes to provide to Sunnova Energy International Inc., any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the such range.
These Restricted Stock Units ("RSUs") were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan") and vest 25% on the second anniversary of the date of grant, and remaining 75% on the third anniversary beginning March 22, 2024. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock.
The RSU's were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan") and will vest 25% on the first anniversary of the date of grant, 25% on the second anniversary, and 50% on the third anniversary beginning on March 22, 2022. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.
Executive Vice President, Chief Financial Officer
/s/ David Searle by Power of Attorney
2024-03-26