Accession Number: | 0001772695-21-000056 |
Date: | 2021-03-22 |
Issuer: | SUNNOVA ENERGY INTERNATIONAL INC. (NOVA) |
Original Submission Date: |
GRASSO MICHAEL P
20 EAST GREENWAY PLAZA,
SUITE 540
HOUSTON, TX 77046
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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RESTRICTED STOCK UNITS | 0.0 | 2021-03-22 | deemed execution date | A | 18,205 (a) | common stock 18,205 | $0.00 | 18,205 | direct | |||
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) | 40.5 | 2021-03-22 | deemed execution date | A | 12,176 (a) | 2031-03-22 | common stock 12,176 | $40.50 | 12,176 | direct |
ID | footnote |
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f1 | each restricted stock unit ("rsu") represents a contingent right to receive one share of common stock. |
f2 | the rsu's were awarded under the sunnova energy international inc. 2019 long-term incentive plan ("plan") and will vest 25% on the first anniversary of the date of grant, 25% on the second anniversary, and 50% on the third anniversary beginning on march 22, 2022. common stock will be delivered to the reporting person no later than 15 days after the rsus vest. |
f3 | these nonqualified stock options ("options") were granted under the plan and become exercisable 25% on the first anniversary of the date of grant, 25% on the second anniversary and 50% on the third anniversary. |