Vichheka Heang - 05 Nov 2021 Form 4 Insider Report for SUNPOWER CORP

Role
Principal Accounting Officer
Signature
Lauren Walz, as attorney-in-fact for Vichheka Heang
Issuer symbol
N/A
Transactions as of
05 Nov 2021
Net transactions value
-$40,412
Form type
4
Filing time
09 Nov 2021, 19:19:41 UTC
Previous filing
17 May 2021
Next filing
07 Jan 2022
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 +2,500 $0.000000 2,500 05 Nov 2021 Direct
transaction SPWR Common Stock Tax liability $40,412 -1,240 -50% $32.59 1,260 05 Nov 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 -2,500 -25% $0.000000 7,500 05 Nov 2021 Common Stock 2,500 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 in three installments on November 5, 2022, November 5, 2023 and November 5, 2024.