Peter Faricy - 30 Jun 2022 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
President and CEO, Director
Signature
/s/ Bette Tsien, as attorney-in-fact for Peter Faricy
Issuer symbol
SPWR
Transactions as of
30 Jun 2022
Transactions value $
-$346,634
Form type
4
Filing time
05 Jul 2022, 16:38:38 UTC
Previous filing
14 Jun 2022
Next filing
02 Mar 2023
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 +50.9K +44.98% $0.00 164K 30 Jun 2022 Direct
transaction SPWR Common Stock Tax liability -$347K -21.9K -13.37% $15.81 142K 30 Jun 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 -50.9K -50% $0.00 50.9K 30 Jun 2022 Common Stock 50.9K 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 on June 30, 2023.

Remarks:

Exhibit 24.1 - Power of Attorney