June Sauvaget - 05 Jan 2023 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role: EVP, Chief Marketing Officer
Signature: /s/ Bette Tsien, as attorney-in-fact for June Sauvaget
Issuer symbol: SPWR
Transactions as of: 05 Jan 2023
Net transactions value: -$59,779
Form type: 4
Filing time: 09 Jan 2023, 15:11:07 UTC
Previous filing: 02 Nov 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	+12,669		$0.000000	12,669	05 Jan 2023	Direct
transaction	SPWR	Common Stock	Tax liability	$59,779	-3,571	-28%	$16.74	9,098	05 Jan 2023	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	-12,669	-25%	$0.000000	38,010	05 Jan 2023	Common Stock	12,669		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 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted shares.
F2	Each 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 three installments on January 5, 2024, January 5, 2025 and January 5, 2026.