MICHAEL C. MORGAN - 07 Oct 2024 Form 4 Insider Report for Sunnova Energy International Inc. (NOVA)

Role
Director
Signature
/s/ David Searle by Power of Attorney
Issuer symbol
NOVA
Transactions as of
07 Oct 2024
Transactions value $
$0
Form type
4
Filing time
09 Oct 2024, 20:36:26 UTC
Previous filing
10 Jun 2024
Next filing
03 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOVA Common Stock Options Exercise $0 +9.98K +131.89% $0.00 17.5K 07 Oct 2024 Direct F1
holding NOVA Common Stock 357K 07 Oct 2024 See Footnotes F2, F3
holding NOVA Common Stock 6.01K 07 Oct 2024 See Footnote F4
holding NOVA Common Stock 14.9K 07 Oct 2024 See Footnote F5

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 NOVA Restricted Stock Units Options Exercise $0 -9.98K -100% $0.00 0 07 Oct 2024 Common Stock 9.98K Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

MICHAEL C. MORGAN is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock of Sunnova Energy International Inc. ("Common Stock").
F2 The reporting person disclaims beneficial ownership of this Common Stock except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such Common Stock for purposes of Section 16 or for any other purpose.
F3 Such shares of Common Stock are held indirectly by the reporting person through Portcullis Partners, LP. The reporting person serves as the Manager of the general partner, Portcullis G.P., LLC, for, and he and his spouse indirectly hold interests in, Portcullis Partners, LP.
F4 Such shares of Common Stock are owned directly by Michael and Christine Morgan 2001 Investment Trust. The reporting person and his spouse are co-trustees and beneficiaries of the Michael and Christine Morgan 2001 Investment Trust.
F5 Such shares of Common Stock are held indirectly by the reporting person via Trust.
F6 The RSUs vesting has been accelerated in connection with the reporting person's service through the departure date on October 7, 2024. The remainder of the RSUs (14,969) associated with this May 17, 2024 grant have been forfeited. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.