Vichheka Heang - 05 Jan 2022 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 Jan 2022
Net transactions value: -$29,255
Form type: 4
Filing time: 07 Jan 2022, 18:00:14 UTC
Previous filing: 09 Nov 2021
Next filing: 03 Mar 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	+3,607	+286%	$0.000000	4,867	05 Jan 2022	Direct
transaction	SPWR	Common Stock	Tax liability	$29,255	-1,479	-30%	$19.78	3,388	05 Jan 2022	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	-3,607	-33%	$0.000000	7,214	05 Jan 2022	Common Stock	3,607		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 two installments on January 5, 2023 and January 5, 2024.