0000899243-23-017682.txt : 20230801
0000899243-23-017682.hdr.sgml : 20230801
20230801202020
ACCESSION NUMBER: 0000899243-23-017682
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230729
FILED AS OF DATE: 20230801
DATE AS OF CHANGE: 20230801
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Berger William J
CENTRAL INDEX KEY: 0001782991
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38995
FILM NUMBER: 231133315
MAIL ADDRESS:
STREET 1: 20 EAST GREENWAY PLAZA, SUITE 475
CITY: HOUSTON
STATE: TX
ZIP: 77046
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
doc4.xml
FORM 4 SUBMISSION
X0508
4
2023-07-29
0
0001772695
Sunnova Energy International Inc.
NOVA
0001782991
Berger William J
20 EAST GREENWAY PLAZA,
SUITE 475
HOUSTON
TX
77046
1
1
0
0
See Remarks
1
Common Stock
2023-07-29
4
M
0
119047
0.00
A
412372
D
Common Stock
2023-08-01
4
S
0
47150
17.8577
D
365222
D
Common Stock
24100
I
See Footnote
Common Stock
7471
I
See Footnote
Restricted Stock Units
2023-07-29
4
M
0
119047
0.00
D
Common Stock
119047
357145
D
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock ("Common Stock") of Sunnova Energy International Inc. (the "Company").
The sale of such shares of Common Stock was authorized by the reporting person in order to meet tax withholding obligations in connection with the July 29, 2023 vesting of RSUs granted on July 29, 2019. The sale of the reporting person's shares of Common Stock constitutes a "sell-to-cover transaction" and is provided for in a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended, and the sale does not represent a discretionary trade by the reporting person. A portion of the proceeds of the sale have been paid to the Company to the extent of the profit over the reporting person's purchases of Common Stock on March 28, 2023 and March 31, 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 $17.49 to $18.19, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, 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 range set forth in this footnote.
Such shares of Common Stock are held in the IRA of the reporting person's spouse.
Such shares of Common Stock are held in the reporting person's IRA.
The RSUs will vest in seven equal annual installments beginning on July 29, 2020. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.
Chairman of the Board, President, and Chief Executive Officer
/s/ David Searle by Power of Attorney
2023-08-01