0001209191-20-054296.txt : 20201008
0001209191-20-054296.hdr.sgml : 20201008
20201008171934
ACCESSION NUMBER: 0001209191-20-054296
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201008
FILED AS OF DATE: 20201008
DATE AS OF CHANGE: 20201008
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Russell Dana C
CENTRAL INDEX KEY: 0001367405
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36642
FILM NUMBER: 201231548
MAIL ADDRESS:
STREET 1: 404 WYMAN STREET
STREET 2: SUITE 500
CITY: WALTHAM
STATE: MA
ZIP: 02451
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Vivint Solar, Inc.
CENTRAL INDEX KEY: 0001607716
STANDARD INDUSTRIAL CLASSIFICATION: HEATING EQUIPMENT, EXCEPT ELECTRIC & WARM AIR FURNACES [3433]
IRS NUMBER: 455605880
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1800 WEST ASHTON BLVD.
CITY: LEHI
STATE: UT
ZIP: 84043
BUSINESS PHONE: (877) 404-4129
MAIL ADDRESS:
STREET 1: 1800 WEST ASHTON BLVD.
CITY: LEHI
STATE: UT
ZIP: 84043
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-10-08
1
0001607716
Vivint Solar, Inc.
VSLR
0001367405
Russell Dana C
1800 WEST ASHTON BLVD
LEHI
UT
84043
0
1
0
0
CFO and EVP
Common Stock
2020-10-08
4
D
0
73968
0.00
D
155413
D
Common Stock
2020-10-08
4
D
0
155413
0.00
D
0
D
Stock Option (Right to Buy)
3.45
2020-10-08
4
D
0
40408
0.00
D
2027-10-02
Common Stock
40408
0
D
Stock Option (Right to Buy)
5.20
2020-10-08
4
D
0
33381
0.00
D
2028-09-26
Common Stock
33381
0
D
Stock Option (Right to Buy)
5.23
2020-10-08
4
D
0
88235
0.00
D
2029-02-28
Common Stock
88235
0
D
Stock Option (Right to Buy)
7.39
2020-10-08
4
D
0
44444
0.00
D
2029-09-12
Common Stock
44444
0
D
Stock Option (Right to Buy)
8.21
2020-10-08
4
D
0
22686
0.00
D
2030-06-01
Common Stock
22686
0
D
Stock Option (Right to Buy
28.29
2020-10-08
4
D
0
10570
0.00
D
2030-09-08
Common Stock
10570
0
D
Disposed of pursuant to the Agreement and Plan of Merger, dated as of July 6, 2020 (the "Merger Agreement"), by and among Sunrun Inc. ("RUN"), Viking Merger Sub, Inc. and Vivint Solar, Inc. in exchange for 0.55 shares of RUN common stock per share.
Pursuant to the Merger Agreement, the restricted stock units held by the Reporting Person were disposed of and converted into restricted stock units representing 0.55 shares of RUN common stock per share.
Disposed of pursuant to the Merger Agreement and converted into an option to acquire 0.55 shares of RUN common stock per share.
25% of the shares subject to this award will vest on September 6, 2018, and 1/16th of the shares subject to this award will vest on each quarterly vesting date thereafter. The term "quarterly vesting date" shall mean the sixth day of March, June, September and December of any fiscal year, as applicable.
25% of the shares subject to this award will vest on September 6, 2019, and 1/16th of the shares subject to this award will vest on each quarterly vesting date thereafter. The term "quarterly vesting date" shall mean the sixth day of March, June, September and December of any fiscal year, as applicable.
100% of the shares subject to this option will vest on March 6, 2022 subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through such date. Notwithstanding the foregoing, 100% of the shares subject to this option will fully vest upon a Change of Control (as defined in the Plan).
25% of the Shares subject to this option will vest on September 6, 2020, and on each of the next 12 quarterly vesting dates, 1/16 of the shares subject to this option will vest, subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through such date.
25% of the Shares subject to this Award will vest on June 6, 2021, and on each of the next 12 Quarterly Vesting Dates, 1/16 of the Shares subject to this Award will vest, subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through such date.
25% of the Shares subject to this option will vest on September 6, 2021, and on each of the next 12 quarterly vesting dates, 1/16 of the shares subject to this option will vest, subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through such date.
/s/ Dana C. Russell
2020-10-08