SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Wong Rich

(Last) (First) (Middle)
C/O ACCEL PARTNERS
428 UNIVERSITY AVENUE

(Street)
PALO ALTO CA 94301

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sunrun Inc. [ RUN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/10/2015 C 9,432,247 A $0.00(1)(2)(3)(4)(5) 9,745,451 I Held by Accel X L.P.(6)
Common Stock 08/10/2015 A 20,397(7) A $0.00(7) 9,765,848 I Held by Accel X L.P.(6)
Common Stock 08/10/2015 C 707,917 A $0.00(1)(2)(3)(4)(5) 731,424 I Held by Accel X Strategic Partners L.P.(6)
Common Stock 08/10/2015 A 1,530(7) A $0.00(7) 732,954 I Held by Accel X Strategic Partners L.P.(6)
Common Stock 08/10/2015 C 378,677 A $0.00(1)(2)(3)(4)(5) 391,251 I Held by Accel Investors 2009 L.L.C.(8)
Common Stock 08/10/2015 A 819(7) A $0.00(7) 392,070 I Held by Accel Investors 2009 L.L.C.(8)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Preferred Stock(1) (1) 08/10/2015 C 43,872 (1) (1) Common Stock 43,872 $0.00 0 I Held by Accel X L.P.(6)
Series A Preferred Stock(1) (1) 08/10/2015 C 3,292 (1) (1) Common Stock 3,292 $0.00 0 I Held by Accel X Strategic Partners L.P.(6)
Series A Preferred Stock(1) (1) 08/10/2015 C 1,761 (1) (1) Common Stock 1,761 $0.00 0 I Held by Accel Investors 2009 L.L.C.(8)
Series B Preferred Stock(2) (2) 08/10/2015 C 6,613,216 (2) (2) Common Stock 6,613,216 $0.00 0 I Held by Accel X L.P.(6)
Series B Preferred Stock(2) (2) 08/10/2015 C 496,342 (2) (2) Common Stock 496,342 $0.00 0 I Held by Accel X Strategic Partners L.P.(6)
Series B Preferred Stock(2) (2) 08/10/2015 C 265,502 (2) (2) Common Stock 265,502 $0.00 0 I Held by Accel Investors 2009 L.L.C.(8)
Series C Preferred Stock(3) (3) 08/10/2015 C 2,354,097 (3) (3) Common Stock 2,354,097 $0.00 0 I Held by Accel X L.P.(6)
Series C Preferred Stock(3) (3) 08/10/2015 C 176,681 (3) (3) Common Stock 176,681 $0.00 0 I Held by Accel X Strategic Partners L.P.(6)
Series C Preferred Stock(3) (3) 08/10/2015 C 94,510 (3) (3) Common Stock 94,510 $0.00 0 I Held by Accel Investors 2009 L.L.C.(8)
Series D Preferred Stock(4) (4) 08/10/2015 C 323,835 (4) (4) Common Stock 323,835 $0.00 0 I Held by Accel X L.P.(6)
Series D Preferred Stock(4) (4) 08/10/2015 C 24,305 (4) (4) Common Stock 24,305 $0.00 0 I Held by Accel X Strategic Partners L.P.(6)
Series D Preferred Stock(4) (4) 08/10/2015 C 13,001 (4) (4) Common Stock 13,001 $0.00 0 I Held by Accel Investors 2009 L.L.C.(8)
Series E Preferred Stock(5) (5) 08/10/2015 C 97,227 (5) (5) Common Stock 97,227 $0.00 0 I Held by Accel X L.P.(6)
Series E Preferred Stock(5) (5) 08/10/2015 C 7,297 (5) (5) Common Stock 7,297 $0.00 0 I Held by Accel X Strategic Partners L.P.(6)
Series E Preferred Stock(5) (5) 08/10/2015 C 3,903 (5) (5) Common Stock 3,903 $0.00 0 I Held by Accel Investors 2009 L.L.C.(8)
Explanation of Responses:
1. The Series A Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
2. The Series B Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
3. The Series C Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
4. The Series D Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
5. The Series E Preferred Stock automatically converted into Common Stock on a 1:1 basis immediately prior to the closing of the Issuer's initial public offering and had no expiration date.
6. Accel X Associates L.L.C. ("A10A") is the General Partner of Accel X L.P. and Accel X Strategic Partners L.P. and has sole voting and investment power. Andrew G. Braccia, James W. Breyer, Kevin J. Efrusy, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, and Richard P. Wong, a director of the Issuer, are the Managing Members of A10A and share such powers. Each Managing Member disclaims beneficial ownership except to the extent of his or her pecuniary interest therein.
7. The shares were acquired pursuant to a Stock Issuance Agreement, the form of which is filed as Exhibit 4.4 to Amendment No. 1 to the Issuer's Registration Statement on Form S-1, filed with the Securities and Exchange Commission on July 22, 2015.
8. Andrew G. Braccia, James W. Breyer, Kevin J. Efrusy, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, and Richard P. Wong, a director of the Issuer, are the Managing Members of Accel Investors 2009 L.L.C. and therefore share the voting and investment powers. Each Managing Member disclaims beneficial ownership except to the extent of his or her pecuniary interest therein.
Remarks:
/s/ Jay Maloney, Attorney-in-Fact 08/10/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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