Thomas Arthur vonReichbauer - May 20, 2021 Form 4 Insider Report for Sunrun Inc. (RUN)

Role: Chief Financial Officer
Signature: Jay Maloney, Attorney-in-Fact
Stock symbol: RUN
Transactions as of: May 20, 2021
Transactions value $: -$271,866
Form type: 4
Date filed: 5/21/2021, 08:45 PM
Next filing: Jun 22, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RUN	Common Stock	Options Exercise	$67.1K	+5K	+2.7%	$13.43	191K	May 20, 2021	Direct	F1
transaction	RUN	Common Stock	Sale	-$339K	-7.55K	-3.97%	$44.88	183K	May 20, 2021	Direct	F1, F2, F3

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)	Options Exercise	$0	-5K	-1.58%	$0.00	311K	May 20, 2021	Common Stock	5K	$13.43	Direct	F1, F4

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

Explanation of Responses:

Id	Content
F1	The sales reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan.
F2	Price represents the weighted average sale price of the shares sold. The sale price ranged from $44.87 to $44.91 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3	Shares held following the reported transactions includes 159,972 Restricted Stock Units, which are subject to forfeiture until they vest.
F4	25% of the shares subject to the option vested on May 4, 2021, and 1/36 of the remaining shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.