0000899243-19-020796.txt : 20190731 0000899243-19-020796.hdr.sgml : 20190731 20190731215335 ACCESSION NUMBER: 0000899243-19-020796 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190729 FILED AS OF DATE: 20190731 DATE AS OF CHANGE: 20190731 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Santo Salvo John T CENTRAL INDEX KEY: 0001783166 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38995 FILM NUMBER: 19990685 MAIL ADDRESS: STREET 1: 20 EAST GREENWAY PLAZA, SUITE 475 CITY: HOUSTON STATE: TX ZIP: 77046 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sunnova Energy International Inc. CENTRAL INDEX KEY: 0001772695 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 20 GREENWAY PLAZA, SUITE 475 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: (281) 985-9900 MAIL ADDRESS: STREET 1: 20 GREENWAY PLAZA, SUITE 475 CITY: HOUSTON STATE: TX ZIP: 77046 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-07-29 0 0001772695 Sunnova Energy International Inc. NOVA 0001783166 Santo Salvo John T 20 EAST GREENWAY PLAZA, SUITE 475 HOUSTON TX 77046 0 1 0 0 See Remarks Common Stock 2019-07-29 4 P 0 1000 12.00 A 1000 D Common Stock 2019-07-29 4 P 0 6 12.00 A 6 I By son Non-Qualified Stock Option (Right to Buy) 12.44 2019-07-29 4 A 0 23531 0.00 A 2026-04-07 Common Stock 23531 23531 D Non-Qualified Stock Option (Right to Buy) 24.87 2019-07-29 4 A 0 9412 0.00 A 2026-04-07 Common Stock 9412 9412 D Non-Qualified Stock Option (Right to Buy) 12.44 2019-07-29 4 A 0 16303 0.00 A 2027-04-15 Common Stock 16303 16303 D Non-Qualified Stock Option (Right to Buy) 24.87 2019-07-29 4 A 0 840 0.00 A 2027-04-15 Common Stock 840 840 D Non-Qualified Stock Option (Right to Buy) 12.44 2019-07-29 4 A 0 107157 0.00 A 2027-05-15 Common Stock 107157 107157 D Non-Qualified Stock Option (Right to Buy) 24.87 2019-07-29 4 A 0 69531 0.00 A 2027-05-15 Common Stock 69531 69531 D Non-Qualified Stock Option (Right to Buy) 13.58 2019-07-29 4 A 0 25717 0.00 A 2028-04-02 Common Stock 25717 25717 D Non-Qualified Stock Option (Right to Buy) 27.16 2019-07-29 4 A 0 6428 0.00 A 2028-04-02 Common Stock 6428 6428 D Restricted Stock Units 2019-07-29 4 J 0 37500 0.00 A Common Stock 37500 37500 D These shares of common stock of the Issuer ("Common Stock") were purchased through the directed share program conducted in connection with the Issuer's initial public offering (the "IPO"). These Nonqualified Stock Options ("Options") were originally granted under the Stock Option Plan of Sunnova Energy Corporation (the "Plan") on April 7, 2016 and scheduled to become exercisable in 20% annual installments over the five anniversaries of the date of grant. In connection with the closing of the IPO, the Issuer assumed the Plan and the existing options became Options to purchase Common Stock. Upon the closing of the IPO, 18,825 Options were vested, 2,353 Options will vest on April 7, 2020 and 2,353 Options will vest on July 29, 2020, subject to continued employment. These Options were originally granted under the Plan on April 7, 2016 and scheduled to become exercisable in 20% annual installments over the five anniversaries of the date of grant. In connection with the closing of the IPO, the Issuer assumed the Plan and the existing options became Options to purchase Common Stock. Upon the closing of the IPO, 7,530 Options were vested, 941 Options will vest on April 7, 2020 and 941 Options will vest on July 29, 2020, subject to continued employment. These Options were originally granted under the Plan on April 15, 2017 and scheduled to become exercisable in 20% annual installments over the five anniversaries of the date of grant. In connection with the closing of the IPO, the Issuer assumed the Plan and the existing options became Options to purchase Common Stock. Upon the closing of the IPO, 11,412 Options were vested, 1,630 Options will vest on April 15, 2020 and 3,261 Options will vest on July 29, 2020, subject to continued employment. These Options were originally granted under the Plan on April 15, 2017 and scheduled to become exercisable in 20% annual installments over the five anniversaries of the date of grant. In connection with the closing of the IPO, the Issuer assumed the Plan and the existing options became Options to purchase Common Stock. Upon the closing of the IPO, 588 Options were vested, 84 Options will vest on April 15, 2020 and 168 Options will vest on July 29, 2020, subject to continued employment. These Options were originally granted under the Plan on May 15, 2017 and scheduled to become exercisable in 20% annual installments over the five anniversaries of the date of grant. In connection with the closing of the IPO, the Issuer assumed the Plan and the existing options became Options to purchase Common Stock. Upon the closing of the IPO, 75,010 Options were vested, 10,715 Options will vest on May 15, 2020 and 21,432 Options will vest on July 29, 2020, subject to continued employment. These Options were originally granted under the Plan on May 15, 2017 and scheduled to become exercisable in 20% annual installments over the five anniversaries of the date of grant. In connection with the closing of the IPO, the Issuer assumed the Plan and the existing options became Options to purchase Common Stock. Upon the closing of the IPO, 48,672 Options were vested, 6,953 Options will vest on May 15, 2020 and 13,906 Options will vest on July 29, 2020, subject to continued employment. These Options were originally granted under the Plan on April 2, 2018 and scheduled to become exercisable in 20% annual installments over the five anniversaries of the date of grant. In connection with the closing of the IPO, the Issuer assumed the Plan and the existing options became Options to purchase Common Stock. Upon the closing of the IPO, 15,430 Options were vested, 2,571 Options will vest on April 2, 2020 and 7,716 Options will vest on July 29, 2020, subject to continued employment. These Options were originally granted under the Plan on April 2, 2018 and scheduled to become exercisable in 20% annual installments over the five anniversaries of the date of grant. In connection with the closing of the IPO, the Issuer assumed the Plan and the existing options became Options to purchase Common Stock. Upon the closing of the IPO, 3,857 Options were vested, 642 Options will vest on April 2, 2020 and 1,929 Options will vest on July 29, 2020, subject to continued employment. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock. The RSUs vest in three equal annual installments beginning on July 29, 2020. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest. Executive Vice President of Channel Operations and Chief Procurement Officer /s/ Walter A. Baker by Power of Attorney 2019-07-29