Manavendra Sial - 01 Mar 2022 Form 4 Insider Report for SUNPOWER CORP

Role
EVP and CFO
Signature
Lauren Walz, as attorney-in-fact for Manavendra Sial
Issuer symbol
N/A
Transactions as of
01 Mar 2022
Net transactions value
-$209,700
Form type
4
Filing time
03 Mar 2022, 19:10:08 UTC
Previous filing
10 Nov 2021
Next filing
18 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 +13,748 +36% $0.000000 51,654 01 Mar 2022 Direct
transaction SPWR Common Stock Options Exercise $0 +15,430 +30% $0.000000 67,084 01 Mar 2022 Direct
transaction SPWR Common Stock Options Exercise $0 +2,946 +4.4% $0.000000 70,030 01 Mar 2022 Direct
transaction SPWR Common Stock Options Exercise $0 +830 +1.2% $0.000000 70,860 01 Mar 2022 Direct
transaction SPWR Common Stock Tax liability $209,700 -11,650 -16% $18.00 59,210 01 Mar 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 -13,748 -33% $0.000000 27,497 01 Mar 2022 Common Stock 13,748 Direct F2, F3
transaction SPWR Performance Based Restricted Stock Units (PSUs) Options Exercise $0 -15,430 -33% $0.000000 30,860 01 Mar 2022 Common Stock 15,430 Direct F2, F3
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -2,946 -25% $0.000000 8,839 01 Mar 2022 Common Stock 2,946 Direct F2, F4
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -830 -33% $0.000000 1,661 01 Mar 2022 Common Stock 830 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 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 The remaining PSUs s or RSUs shall vest in installments on March 1, 2023 and March 1, 2024.
F4 The remaining PSUs s or RSUs shall vest in installments on March 1, 2023, March 1, 2024 and March 1, 2025.