THOMAS R. MCDANIEL - 11 Feb 2022 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 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 15 Feb 2022, 19:22:05 UTC
Previous filing: 19 Nov 2021
Next filing: 25 Feb 2022
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	+3,096		$0.000000	3,096	11 Feb 2022	Direct
holding	SPWR	Common Stock						278,298	11 Feb 2022	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	+3,096		$0.000000	3,096	11 Feb 2022	Common Stock	3,096		Direct	F2, F3
transaction	SPWR	Restricted Stock Units (RSUs)	Options Exercise	$0	-3,096	-100%	$0.000000^*	0	11 Feb 2022	Common Stock	3,096		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 the Reporting Person 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 February 11, 2022 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on October 21, 2020.