SEC Form 4 · accession 0001469367-18-000043
Sunrun Inc. · RUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Patrick Komin Jr.
Officer — Chief Financial Officer
Period of report
Apr 13, 2018
Accepted (ET)
Apr 17, 2018 · 4:16 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 StockF1 | Apr 13, 2018 | A | 100,000 | $0.00 | A | 647,482 | 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 | $8.50 | Apr 13, 2018 | A | 100,000 | A | Apr 13, 2019 | Apr 12, 2028 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs will vest on April 13, 2019, 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 April 13, 2019, and 1/48 of the shares will vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.