0001209191-20-054302.txt : 20201008
0001209191-20-054302.hdr.sgml : 20201008
20201008172738
ACCESSION NUMBER: 0001209191-20-054302
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: Bywater David
CENTRAL INDEX KEY: 0001673823
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36642
FILM NUMBER: 201231588
MAIL ADDRESS:
STREET 1: 1850 WEST ASHTON BLVD
CITY: LEHI
STATE: UT
ZIP: 84043
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
0001673823
Bywater David
1800 WEST ASHTON BLVD
LEHI
UT
84043
1
1
0
0
Chief Executive Officer
Common Stock
2020-10-08
4
D
0
430150
0.00
D
620203
D
Common Stock
2020-10-08
4
D
0
620203
0.00
D
0
D
Stock Option (Right to Buy)
2.85
2020-10-08
4
D
0
337037
0.00
D
2026-12-14
Common Stock
337037
0
D
Stock Option (Right to Buy)
3.15
2020-10-08
4
D
0
485436
0.00
D
2028-03-15
Common Stock
485436
0
D
Stock Option (Right to Buy)
4.17
2020-10-08
4
D
0
929368
0.00
D
2029-01-17
Common Stock
929368
0
D
Stock Option (Right to Buy)
7.75
2020-10-08
4
D
0
277161
0.00
D
2029-12-12
Common Stock
277161
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.
The shares subject to this option shall vest at the rate of 25% of the total number of shares on December 6, 2017 and thereafter 6.25% of the total shares subject to this option shall vest in equal quarterly installments beginning March 6, 2018, until the option is fully vested; in each such case subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through each such date.
The shares subject to this option shall vest at the rate of 25% of the total number of shares on January 1, 2019 and thereafter 6.25% of the total shares subject to this option shall vest in equal quarterly installments beginning April 1, 2019, until the option is fully vested; in each such case subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through each such date.
25% of the shares subject to this award will vest on January 1, 2020, and 1/16th of the shares subject to this award will vest on each quarterly vesting date thereafter; in each such case subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through each such date. 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 December 6, 2020, and 1/16th of the shares subject to this award will vest on each quarterly vesting date thereafter; in each such case subject to the Reporting Person's continued service to the Issuer or any subsidiary of the Issuer through each such date. The term "quarterly vesting date" shall mean the sixth day of March, June, September and December of any fiscal year, as applicable.
/s/ Dana C. Russell, attorney-in-fact
2020-10-08