Manavendra Sial - 05 May 2021 Form 4 Insider Report for SUNPOWER CORP

Role
EVP and CFO
Signature
By: Lauren Walz, as attorney-in-fact for Manavendra Sial
Issuer symbol
N/A
Transactions as of
05 May 2021
Net transactions value
-$302,756
Form type
4
Filing time
07 May 2021, 18:15:59 UTC
Next filing
11 May 2021
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 +26,230 +29% $0.000000 116,983 05 May 2021 Direct
transaction SPWR Common Stock Tax liability $302,756 -13,005 -11% $23.28 103,978 05 May 2021 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 -26,230 -50% $0.000000 26,231 05 May 2021 Common Stock 26,230 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 RSUs shall vest on May 5, 2022.