Vichheka Heang - Jan 5, 2022 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
Jan 5, 2022
Transactions value $
-$29,255
Form type
4
Date filed
1/7/2022, 06:00 PM
Previous filing
Nov 9, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +3.61K +286.27% $0.00 4.87K Jan 5, 2022 Direct
transaction SPWR Common Stock Tax liability -$29.3K -1.48K -30.39% $19.78 3.39K Jan 5, 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 -3.61K -33.33% $0.00 7.21K Jan 5, 2022 Common Stock 3.61K 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.