SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Hultberg Kelsey

(Last)

(First)

(Middle)

20 EAST GREENWAY PLAZA,

SUITE 540

(Street)

HOUSTON

77046

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/16/2021

3. Issuer Name and Ticker or Trading Symbol
Sunnova Energy International Inc. [ NOVA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	See Remarks

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	10,512	D
Common Stock	675	I	By Spouse

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Non-Qualified Stock Option (Right to Buy)	⁽¹⁾	04/02/2028	Common Stock	4,286	$13.58	D
Non-Qualified Stock Option (Right to Buy)	⁽²⁾	09/05/2028	Common Stock	12,858	$13.58	D
Non-Qualified Stock Option (Right to Buy)	⁽³⁾	02/25/2029	Common Stock	10,715	$13.58	D
Restricted Stock Units	⁽⁴⁾	⁽⁴⁾	Common Stock	3,710	⁽⁵⁾	D
Restricted Stock Units	⁽⁶⁾	⁽⁶⁾	Common Stock	2,376	⁽⁵⁾	D
Restricted Stock Units	⁽⁷⁾	⁽⁷⁾	Common Stock	895	⁽⁵⁾	D

Explanation of Responses:

1. These Nonqualified Stock Options ("Options") were originally granted under the Stock Option Plan of Sunnova Energy Corporation (the "Plan") on April 2, 2018 and are fully vested.

2. These Options were originally granted under the Plan on September 5, 2018 and are fully vested.

3. These Options were originally granted under the Plan on February 25, 2019 and are fully vested.

4. The Restricted Stock Units ("RSUs") will vest in two equal annual installments beginning on March 12, 2022. Common stock of the Issuer ("Common Stock") will be delivered to the reporting person no later than 15 days after the RSUs vest.

5. Each RSU represents a contingent right to receive one share of Common Stock.

6. The RSUs will vest in three equal annual installments beginning on March 22, 2022. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.

7. The RSUs will vest in full on April 1, 2022. Common Stock will be delivered to the reporting person no later than 15 days after the RSUs vest.

Remarks:

Executive Vice President, Chief of Staff

	/s/ Walter A. Baker by Power of Attorney	05/18/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.