THOMAS R. MCDANIEL - 11 May 2023 Form 4 Insider Report for SUNPOWER CORP

Role: Director
Signature: /s/ Bette Tsien, as attorney-in-fact for Thomas R. McDaniel
Issuer symbol: N/A
Transactions as of: 11 May 2023
Net transactions value: $0
Form type: 4
Filing time: 15 May 2023, 16:09:04 UTC
Previous filing: 17 Feb 2023
Next filing: 19 May 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	+4,575		$0.000000	4,575	11 May 2023	Direct
holding	SPWR	Common Stock						292,402	11 May 2023	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	+4,575		$0.000000	4,575	11 May 2023	Common Stock	4,575		Direct	F2, F3
transaction	SPWR	Restricted Stock Units (RSUs)	Options Exercise	$0	-4,575	-100%	$0.000000^*	0	11 May 2023	Common Stock	4,575		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 May 11, 2023 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on October 21, 2020.