0001469367-24-000031.txt : 20240301
0001469367-24-000031.hdr.sgml : 20240301
20240301200159
ACCESSION NUMBER: 0001469367-24-000031
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240229
FILED AS OF DATE: 20240301
DATE AS OF CHANGE: 20240301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Abajian Danny
CENTRAL INDEX KEY: 0001931495
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37511
FILM NUMBER: 24712465
MAIL ADDRESS:
STREET 1: C/O SUNRUN INC.
STREET 2: 225 BUSH STREET, SUITE 1400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sunrun Inc.
CENTRAL INDEX KEY: 0001469367
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 262841711
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 225 BUSH STREET, SUITE 1400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
BUSINESS PHONE: 415-580-6900
MAIL ADDRESS:
STREET 1: 225 BUSH STREET, SUITE 1400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94104
FORMER COMPANY:
FORMER CONFORMED NAME: SunRun Inc.
DATE OF NAME CHANGE: 20090730
4
1
wk-form4_1709341307.xml
FORM 4
X0508
4
2024-02-29
0
0001469367
Sunrun Inc.
RUN
0001931495
Abajian Danny
225 BUSH STREET, SUITE 1400
SAN FRANCISCO
CA
94104
0
1
0
0
Chief Financial Officer
0
Common Stock
2024-02-29
4
A
0
10554
0
A
216519
D
Common Stock
2024-02-29
4
S
0
5534
12.1228
D
210985
D
Common Stock
2024-02-29
4
G
0
5020
0
D
205965
D
Common Stock
2024-02-29
4
G
0
5020
0
A
98701
I
See Footnote
On June 10, 2022, the Reporting Person was granted performance-based restricted stock units ("PRSUs"). Each PRSU represents a contingent right to receive a share of the Issuer's Common Stock upon settlement. The PRSUs vest on the date that the Compensation Committee of the Issuer's Board of Directors certifies attainment, based on the Issuer's satisfaction of certain performance criteria. The performance criteria for the measurement period ending December 31, 2023 were met and certified on February 29, 2024, resulting in the issuance of 10,554 shares of the Issuer's Common Stock.
Shares sold to cover tax obligation from settlement of vested restricted stock units.
Price represents the weighted average sale price of the shares sold. The sale price ranged from $12.00 to $12.2975 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Shares held following the reported transactions include 204,103 restricted stock units, which are subject to forfeiture until they vest.
Securities held of record by Abajian Family Trust, of which the Reporting Person is co-trustee.
/s/ Jay Maloney, Attorney-in-Fact
2024-03-01