Douglas J. Richards - Mar 1, 2022 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
EVP, Administration
Signature
Lauren Walz, as attorney-in-fact for Douglas J. Richards
Stock symbol
SPWR
Transactions as of
Mar 1, 2022
Transactions value $
$559,458
Form type
4
Date filed
3/3/2022, 07:07 PM
Next filing
Mar 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +11.5K $0.00 11.5K Mar 1, 2022 Direct
transaction SPWR Common Stock Options Exercise $0 +12.3K +107.69% $0.00 23.8K Mar 1, 2022 Direct
transaction SPWR Common Stock Options Exercise $0 +15.7K +66.11% $0.00 39.5K Mar 1, 2022 Direct
transaction SPWR Common Stock Options Exercise $0 +11.8K +29.85% $0.00 51.3K Mar 1, 2022 Direct
transaction SPWR Common Stock Options Exercise $0 +11K +21.42% $0.00 62.3K Mar 1, 2022 Direct
transaction SPWR Common Stock Options Exercise $0 +14K +22.39% $0.00 76.3K Mar 1, 2022 Direct
transaction SPWR Common Stock Options Exercise $0 +2.01K +2.63% $0.00 78.3K Mar 1, 2022 Direct
transaction SPWR Common Stock Options Exercise $0 +586 +0.75% $0.00 78.9K Mar 1, 2022 Direct
transaction SPWR Common Stock Tax liability $559K +31.1K +185.67% $18.00 47.8K Mar 1, 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 Performance Based Restricted Stock Units (PSUs) Options Exercise $0 -11.5K -100% $0.00* 0 Mar 1, 2022 Common Stock 11.5K Direct F2, F3
transaction SPWR Performance Based Restricted Stock Units (PSUs) Options Exercise $0 -12.3K -33.33% $0.00 24.7K Mar 1, 2022 Common Stock 12.3K Direct F2, F4
transaction SPWR Performance Based Restricted Stock Units (PSUs) Options Exercise $0 -15.7K -50% $0.00 15.7K Mar 1, 2022 Common Stock 15.7K Direct F2, F5, F6
transaction SPWR Performance Based Restricted Stock Units (PSUs) Options Exercise $0 -11.8K -100% $0.00* 0 Mar 1, 2022 Common Stock 11.8K Direct F2, F3
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -11K -33.33% $0.00 22K Mar 1, 2022 Common Stock 11K Direct F2, F4
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -14K -50% $0.00 14K Mar 1, 2022 Common Stock 14K Direct F2, F5
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -2.01K -25% $0.00 6.03K Mar 1, 2022 Common Stock 2.01K Direct F2, F6
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -586 -33.31% $0.00 1.17K Mar 1, 2022 Common Stock 586 Direct F2, F4
* 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 the Issuer by delivery or withholding securities incident to vesting of restricted shares.
F2 Each PSU or RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 Fully vested.
F4 The remaining PSUs or RSUs shall vest on March 1, 2023 and March 1, 2024.
F5 The remaining PSUs or RSUs shall vest in installments on March 1, 2023.
F6 The remaining PSUs or RSUs shall vest in installments on March 1, 2023, March 1, 2024 and March 1, 2025.