SEC Form 4 · accession 0001209191-16-098679
Sunrun Inc. · RUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn Michelle Jurich
Officer — Chief Executive Officer · Director
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 4:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001469367
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 11, 2016 | A | 262,500 | $0.00 | A | 2,565,427 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $5.08 | Feb 11, 2016 | A | 619,469 | A | Feb 11, 2017 | Feb 10, 2026 | Common Stock | 619,469 | 619,469 | D |
Explanation of responses
- F1Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs will vest on February 11, 2017, and the remaining RSUs will vest quarterly over the following three years, subject to the Reporting Person's continued service through each vesting date.
- F225% of the shares subject to the option will vest on February 11, 2017, and 1/48 of the shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.