SEC Form 4 · accession 0001209191-18-057063
Sunrun Inc. · RUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Vassallo
Director
Period of report
Nov 2, 2018
Accepted (ET)
Nov 5, 2018 · 10:06 am 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 StockF2 | Nov 2, 2018 | J | 600,000 | $0.00 | D | 1,141,468 | I | By Foundation Capital VI, L.P. |
| Common StockF2 | Nov 2, 2018 | J | 154,500 | $0.00 | A | 154,500 | I | By Foundation Capital Management Co. VI, L.L.C. |
| Common StockF2 | Nov 2, 2018 | J | 154,500 | $0.00 | D | 0 | I | By Foundation Capital Management Co. VI, L.L.C. |
| Common StockF5 | Nov 2, 2018 | J | 20,690 | $0.00 | A | 255,006 | I | Vassallo Family Revocable Trust dated 7/15/02 |
| Common Stock | holding | — | — | — | 30,703 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a pro-rata in-kind distribution of Common Stock of the Issuer by Foundation Capital VI, L.P. ("FC VI") effected following the close of the trading market on November 2, 2018 without consideration to its limited partners and its general partner, Foundation Capital Management Co. VI, L.L.C. ("FCM VI"). Transaction pursuant to a 10b5-1 Plan adopted on August 31, 2018.
- F2FCM VI is the sole general partner of FC VI, and has sole voting and investment power with respect to the shares held by FC VI. The Reporting Person is a managing member of FCM VI, and may be deemed to share voting and investment power over the shares owned by FC VI. The Reporting Person disclaims beneficial ownership in the shares held by the aforementioned entities except to the extent of his pecuniary interest therein.
- F3Represents a change in the form of ownership from indirect to direct by virtue of the receipt of shares in the pro-rata in-kind distribution of Common Stock of the Issuer by FC VI described in footnote 1 above.
- F4Represents a pro-rata in-kind distribution of Common Stock of the Issuer by FCM VI effected following the close of the trading market on November 2, 2018 without consideration to its members.
- F5The 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.