Peter Faricy - 05 May 2022 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
President and CEO, Director
Signature
/s/ Lauren Walz, as attorney-in-fact for Peter Faricy
Issuer symbol
SPWR
Transactions as of
05 May 2022
Transactions value $
-$158,670
Form type
4
Filing time
09 May 2022, 16:20:07 UTC
Previous filing
18 Mar 2022
Next filing
14 Jun 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 +20.1K +19.79% $0.00 122K 05 May 2022 Direct
transaction SPWR Common Stock Tax liability -$159K -8.78K -7.2% $18.08 113K 05 May 2022 Direct 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) Options Exercise $0 -20.1K -25% $0.00 60.4K 05 May 2022 Common Stock 20.1K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition of shares exempt under Rule 10b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted shares.
F2 Each PSU or RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 The remaining RSU's shall vest in installments on each of May 5, 2023, May 5, 2024 and May 5, 2025.