Paul S. Dickson - 07 Mar 2022 Form 4 Insider Report for Sunrun Inc. (RUN)

Role: Chief Revenue Officer
Signature: /s/ Jay Maloney, Attorney-in-Fact
Issuer symbol: RUN
Transactions as of: 07 Mar 2022
Transactions value $: $0
Form type: 4
Filing time: 09 Mar 2022, 20:22:59 UTC
Previous filing: 04 Jan 2022
Next filing: 08 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RUN	Common Stock	Award	$0	+61,124	+59.76%	$0	163,398	07 Mar 2022	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RUN	Employee Stock Option (right to buy)	Award	$0	+88,547		$0	88,547	07 Mar 2022	Common Stock	88,547	$27.92	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share is represented by a Restricted Stock Unit ("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.
F2	Shares held following the reported transactions include 95,647 RSUs, which are subject to forfeiture until they vest.
F3	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.