Vichheka Heang - Nov 5, 2021 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
Principal Accounting Officer
Signature
Lauren Walz, as attorney-in-fact for Vichheka Heang
Stock symbol
SPWR
Transactions as of
Nov 5, 2021
Transactions value $
-$40,412
Form type
4
Date filed
11/9/2021, 07:19 PM
Previous filing
May 17, 2021
Next filing
Jan 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +2.5K $0.00 2.5K Nov 5, 2021 Direct
transaction SPWR Common Stock Tax liability -$40.4K -1.24K -49.6% $32.59 1.26K Nov 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 -2.5K -25% $0.00 7.5K Nov 5, 2021 Common Stock 2.5K 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.