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