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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 11/16/22 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1469367 |
| Issuer Name: Sunrun Inc. |
| Issuer Trading Symbol: RUN |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1290083 |
| | Owner Name: Philpot Michelle |
| Reporting Owner Address: |
| | Owner Street 1: 225 BUSH STREET, SUITE 1400 |
| | Owner Street 2: |
| | Owner City: SAN FRANCISCO |
| | Owner State: CA |
| | Owner ZIP Code: 94104 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Accounting Officer |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 11/16/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,780 |
| | | Transaction Price Per Share: |
| Value: 8.05 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 34,128 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 11/16/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,220 |
| | | Transaction Price Per Share: |
| Value: 14.57 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 37,951 |
| Footnote ID: F1 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Employee Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 8.05 |
| | Transaction Date: |
| | | Value: 11/16/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,780 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Value: 3/19/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 3,780.0 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,263 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Employee Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 14.57 |
| | Transaction Date: |
| | | Value: 11/16/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,220 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Value: 3/13/29 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 2,220.0 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 7,897 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Includes 1,603 shares acquired under the Issuer's employee stock purchase plan. |
| Footnote - F2: Shares held following the reported transactions include 19,194 Restricted Stock Units, which are subject to forfeiture until they vest. |
| Footnote - F3: The shares subject to the option are fully vested and exercisable. |
| Footnote - F4: 25% of the shares subject to the option vested on March 15, 2020, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Jay Maloney, Attorney-in-Fact |
| Signature Date: 11/18/22 |