Elizabeth Eby - Jun 5, 2024 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Signature
Lynnette Quintana, as attorney-in-fact for Elizabeth Eby
Stock symbol
SPWR
Transactions as of
Jun 5, 2024
Transactions value $
-$28,704
Form type
4
Date filed
6/7/2024, 04:38 PM
Previous filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise +33.5K 33.5K Jun 5, 2024 Direct F1
transaction SPWR Common Stock Tax liability -$28.7K -8.83K -26.35% $3.25 24.7K Jun 5, 2024 Direct

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 -33.5K -25% $0.00 101K Jun 5, 2024 Common Stock 33.5K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of commons stock, par value $0.001 per share of SunPower Corporation ("the Company") granted upon settlement of previously warded restricted stock units ("RSU's").
F2 These RSU's were granted on May 2, 2023 in connection with a grant that vests in four equal installments. The remaining installments will vest on June 5, 2025, June 5, 2026 and June 5, 2027.