Sunrun COO Chris Dawson departs; receives $220k severance, $324k bonus, equity acceleration

Sunrun Inc.

COO Christopher Dawson stepped down Dec 31, 2021; will serve as non-employee advisor through Apr 30, 2022.
Receives $220,000 cash severance + $324,605 prorated bonus; 50% acceleration of unvested time-based equity awards.
Separation is not due to any disagreement with Sunrun's operations, policies, or practices.
Company will extend exercise period of equity awards to June 30, 2023, subject to board approval.

item 5.02 item 9.01

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Departed

Christopher Dawson

Chief Operating Officer

RUN · Sunrun Inc.

Effective: 2021-12-31
Filed: January 6, 2022, 6:59 PM ET

On December 31, 2021, Sunrun Inc. (the “Company”) and Christopher Dawson entered into a Separation and General Release Agreement (the “Separation Agreement”) in connection with Mr. Dawson stepping down from the role of Chief Operating Officer on December 31, 2021

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher Dawson departed as Chief Operating Officer at Sunrun Inc..

Action: stepped down
Role: Chief Operating Officer

Exact text from the filing

On December 31, 2021, Sunrun Inc. (the “Company”) and Christopher Dawson entered into a Separation and General Release Agreement (the “Separation Agreement”) in connection with Mr. Dawson stepping down from the role of Chief Operating Officer on December 31, 2021

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Sunrun Inc. filing history →

Source: SEC EDGAR

accession 0001469367-22-000021

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