Sunrun Inc
For the period ended Mar 31, 2024. Filed May 8, 2024.
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Mar 31, 2024 · Filed May 8, 2024
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Item 5. Other Information
Rule 10b5-1 Disclosure
On February 29, 2024, Lynn Jurich, our Co-Executive Chair and a member of our Board, terminated a trading plan for the sale of the Company’s common stock that is intended to satisfy the affirmative defense of Rule 10b5-1(c). The trading plan was set to expire on February 20, 2025 and provided for the following transactions: (i) the exercise of up to 145,988 stock options and the sale of the underlying shares of common stock, subject to the Company’s stock price reaching certain price thresholds, and (ii) the sale of up to 850,000 shares of common stock, some of which were subject to the Company’s stock price reaching certain price thresholds.
On March 5, 2024, Ms. Jurich adopted a trading plan for the sale of the Company’s common stock that is intended to satisfy the affirmative defense of Rule 10b5-1(c). The trading plan is set to expire on May 30, 2025 and provides for the following transactions: the sale of up to 900,000 shares of common stock, all of which are subject to the Company’s stock price reaching certain price thresholds.
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