THOMAS R. MCDANIEL - 11 Aug 2021 Form 4 Insider Report for SUNPOWER CORP

Role
Director
Signature
Lauren Walz, as attorney-in-fact for Thomas R. McDaniel
Issuer symbol
N/A
Transactions as of
11 Aug 2021
Net transactions value
$0
Form type
4
Filing time
13 Aug 2021, 19:00:39 UTC
Previous filing
18 May 2021
Next filing
19 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +2,111 +1820% $0.000000 2,227 11 Aug 2021 Direct
holding SPWR Common Stock 274,512 11 Aug 2021 See footnote F1

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 +2,111 $0.000000 2,111 11 Aug 2021 Common Stock 2,111 Direct F2, F3
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -2,111 -100% $0.000000* 0 11 Aug 2021 Common Stock 2,111 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held of record by the McDaniel Trust dtd 7/26/2000 (the "Trust") of which Mr. McDaniel and his wife are co-trustees. Each trustee has independent control and voting power over the Trust.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 The RSUs were automatically granted and vested immediately on August 11, 2021 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on October 21, 2020.