Eileen Evans - 05 Nov 2023 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
EVP, Chief Legal Officer
Signature
/s/ Bette Tsien, as attorney-in-fact for Eileen Evans
Issuer symbol
SPWR
Transactions as of
05 Nov 2023
Transactions value $
-$12,344
Form type
4
Filing time
07 Nov 2023, 16:09:58 UTC
Previous filing
02 Mar 2023
Next filing
04 Mar 2024
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 +7.81K $0.00 7.81K 05 Nov 2023 Direct
transaction SPWR Common Stock Tax liability -$12.3K -2.7K -34.58% $4.57 5.11K 05 Nov 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 (RSU's) Options Exercise $0 -7.81K -25% $0.00 23.4K 05 Nov 2023 Common Stock 7.81K 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 RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 The remaining RSUs shall vest in equal installments on November 5, 2024, November 5, 2025 and November 5, 2026.