SEC Form 4 · accession 0001209191-17-047925
Sunrun Inc. · RUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Vassallo
Director · 10% Owner
Period of report
Aug 3, 2017
Accepted (ET)
Aug 7, 2017 · 5:09 pm EDT
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 StockF3 | Aug 3, 2017 | A | 13,812 | $0.00 | A | 13,812 | D | |
| Common StockF1 | holding | — | — | — | 10,841,468 | I | By Foundation Capital VI, L.P. | |
| Common StockF2 | holding | — | — | — | 51,200 | I | Vassallo Family Revocable Trust dated 7/15/02 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Foundation Capital Management Co. VI, L.L.C. is the sole general partner and manager of Foundation Capital VI, L.P. and has sole voting and investment power with respect to the shares held by Foundation Capital VI, L.P. The Reporting Person is a managing member of Foundation Capital Management Co. VI, L.L.C., and may be deemed to share voting and investment power over the shares owned by Foundation Capital VI, L.P. The Reporting Person disclaims beneficial ownership in the shares held by the aforementioned entities except to the extent of his pecuniary interest therein.
- F2The shares are held by the Vassallo Family Revocable Trust dated 7/15/02 (the "Vassallo Family Trust"). Steve P. Vassallo is a trustee of the Vassallo Family Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Vassallo Family Trust except to the extent of his proportionate pecuniary interest therein.
- F3The Reporting Person received 13,812 restricted stock units ("RSUs") (equal to $100,000 divided by the closing stock price of $7.24 on August 3, 2017) pursuant to the Issuer's non-employee director compensation policy. The RSUs will fully vest on January 1, 2018, subject to the Reporting Person's continued service as of that date.