Danny Abajian - Jun 10, 2022 Form 4 Insider Report for Sunrun Inc. (RUN)

Signature
/s/ Jay Maloney, Attorney-in-Fact
Stock symbol
RUN
Transactions as of
Jun 10, 2022
Transactions value $
$0
Form type
4
Date filed
6/14/2022, 08:16 PM
Previous filing
Jun 7, 2022
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUN Common Stock Award $0 +64K +74.6% $0.00 150K Jun 10, 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 +92.7K $0.00 92.7K Jun 10, 2022 Common Stock 92.7K $25.84 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 June 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 transaction include 86,535 RSUs, which are subject to forfeiture until they vest.
F3 25% of the shares subject to the option will vest on June 6, 2023, and 1/48 of the shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.