CATHERINE LESJAK - 11 May 2021 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
Director
Signature
Lauren Walz, as attorney-in-fact for Catherine A. Lesjak
Issuer symbol
SPWR
Transactions as of
11 May 2021
Net transactions value
$0
Form type
4
Filing time
13 May 2021, 16:44:32 UTC
Next filing
13 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +2,247 +1.4% $0.000000 164,870 11 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPWR Restricted Stock Units (RSUs) Award $0 +2,247 $0.000000 2,247 11 May 2021 Common Stock 2,247 Direct F1, F2
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -2,247 -100% $0.000000* 0 11 May 2021 Common Stock 2,247 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2 The RSUs were automatically granted and vested immediately on May 11, 2021 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on October 21, 2020.