Total Gaz Electricite Holdings France SAS - 17 Aug 2022 Form 4 Insider Report for SUNPOWER CORP

Role
Director, 10%+ Owner
Signature
TOTALENERGIES GAZ & ELECTRICITE HOLDINGS FRANCE SAS By: /s/ Noemie Malige Name: Noemie Malige Title: Managing Director
Issuer symbol
N/A
Transactions as of
17 Aug 2022
Net transactions value
-$1,583,198,208
Form type
4
Filing time
18 Aug 2022, 14:53:45 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Other $791,599,122 -43,977,729 -50% $18.00 43,977,727 17 Aug 2022 See Footnote F1, F3
transaction SPWR Common Stock Other $791,599,086 -43,977,727 -100% $18.00 0 17 Aug 2022 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Total Gaz Electricite Holdings France SAS is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with an internal reorganization, TotalEnergies Solar Intl SAS transferred 43,977,729 shares of the Issuer's Common Stock to TotalEnergies Gestion USA SARL, a direct wholly owned subsidiary of TotalEnergies SE, in exchange for aggregate consideration of $791,599,122.
F2 Following the transfer to TotalEnergies Gestion USA SARL, TotalEnergies Solar Intl SAS and TotalEnergies Gaz Electricite Holdings France SAS transferred their remaining shares of the Issuer's Common Stock to a newly formed limited liability company in exchange for a noncontrolling, minority interest in such company.
F3 TotalEnergies Solar Intl SAS is a direct wholly owned subsidiary of TotalEnergies Gaz Electricite Holdings France SAS, which is an indirect wholly owned subsidiary of TotalEnergies SE. Following the transactions reported herein, neither TotalEnergies Solar Intl SAS nor TotalEnergies Gaz Electricite Holdings France SAS beneficially own any shares of the Issuer's common stock. TotalEnergies SE may continue to be deemed to indirectly beneficially own the same number of shares of the Issuer's common stock as it did immediately prior to the transactions reported herein.