Manavendra Sial - May 5, 2021 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
EVP and CFO
Signature
By: Lauren Walz, as attorney-in-fact for Manavendra Sial
Stock symbol
SPWR
Transactions as of
May 5, 2021
Transactions value $
-$302,756
Form type
4
Date filed
5/7/2021, 06:15 PM
Next filing
May 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +26.2K +28.9% $0.00 117K May 5, 2021 Direct
transaction SPWR Common Stock Tax liability -$303K -13K -11.12% $23.28 104K May 5, 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 -26.2K -50% $0.00 26.2K May 5, 2021 Common Stock 26.2K 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.