0001772695-23-000037.txt : 20230324 0001772695-23-000037.hdr.sgml : 20230324 20230324173541 ACCESSION NUMBER: 0001772695-23-000037 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230322 FILED AS OF DATE: 20230324 DATE AS OF CHANGE: 20230324 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LANE ROBERT LAWRENCE CENTRAL INDEX KEY: 0001675877 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38995 FILM NUMBER: 23760918 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] 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 wf-form4_167969372615577.xml FORM 4 X0407 4 2023-03-22 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 2023-03-22 4 S 0 14015 14 D 124998 D Common Stock 2023-03-23 4 S 0 4815 13.51 D 120183 D Common Stock 3000 I By Trust Restricted Stock Units 2023-03-22 4 A 0 51736 0 A Common Stock 51736.0 51736 D Non-Qualified Stock Option (Right to Buy) 13.53 2023-03-22 4 A 0 40322 0 A 2033-03-22 Common Stock 40322.0 40322 D Non-Qualified Stock Option (Right to Buy) 14.88 2023-03-22 4 A 0 41518 0 A 2033-03-22 Common Stock 41518.0 41518 D The sale of such shares of common stock of Sunnova Energy International Inc. ("Common Stock") was authorized by the reporting person to cover the tax withholding obligation upon the March 22, 2023 settlement of the common stock that vested on March 10, 2023 and the restricted stock units that vested on March 12, 2023. The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $13.80 to $14.19. 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. The sale of such shares of Common Stock was authorized by the reporting person to cover the tax withholding obligation upon the March 23, 2023 settlement of the restricted stock units that vested on March 22, 2023. The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $13.32 to $13.65. 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. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock. These RSUs were awarded under the Sunnova Energy International Inc. 2019 Long-Term Incentive Plan ("Plan") and vest in full on the third anniversary of the date of grant. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest. These Nonqualified Stock Options ("Options") were granted under the Plan and become exercisable in full on the third anniversary of the date of grant. Executive Vice President, Chief Financial Officer /s/ David Searle by Power of Attorney 2023-03-24