Peter Faricy - 30 Jun 2023 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 2023
Transactions value $
-$212,317
Form type
4
Filing time
05 Jul 2023, 16:09:26 UTC
Previous filing
09 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 +50.9K +26.9% $0.00 240K 30 Jun 2023 Direct
transaction SPWR Common Stock Tax liability -$212K -21.7K -9.03% $9.80 218K 30 Jun 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 -50.9K -100% $0.00* 0 30 Jun 2023 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 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 Fully vested.