Global Infrastructure Investors III, LLC - 06 Sep 2022 Form 3 Insider Report for SUNPOWER CORP

Role: Director, 10%+ Owner
Signature: GLOBAL INFRASTRUCTURE INVESTORS III, LLC By: Name: Jonathan Bram Title: Partner /s/ Jonathan Bram
Issuer symbol: N/A
Transactions as of: 06 Sep 2022
Net transactions value: $0
Form type: 3
Filing time: 09 Sep 2022, 18:17:06 UTC
Previous filing: 19 Jul 2022
Next filing: 09 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SPWR	Common Stock						87,955,456	06 Sep 2022	See footnotes	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities reported herein will be held directly by Sol Holding, LLC. No shares of the Issuer will be directly transferred to the Reporting Owners. TotalEnergies Renewables USA, LLC will transfer units of Sol Holding, LLC to GIP III Sol Acquisition, LLC such that TotalEnergies Renewables USA, LLC will own a number of units of Sol Holding, LLC equal to 50% of the outstanding units plus one unit, and GIP III Sol Acquisition, LLC, will own a number of units of Sol Holding, LLC equal to 50% of the outstanding units minus one unit . The sole member of GIP III Sol Acquisition, LLC is GIP III Sol Holdings, L.P.
F2	The general partner of GIP III Sol Holdings, L.P. is Global Infrastructure GP III, L.P. The General Partner of Global Infrastructure GP III, L.P. is Global Infrastructure Investors III, LLC. As a result, each of the foregoing entities may be deemed to beneficially own the securities reported herein. Solely for purposes of Section 16 of the Exchange Act, each Reporting Person may be deemed a "director by deputization".

Content

The securities reported herein will be held directly by Sol Holding, LLC. No shares of the Issuer will be directly transferred to the Reporting Owners. TotalEnergies Renewables USA, LLC will transfer units of Sol Holding, LLC to GIP III Sol Acquisition, LLC such that TotalEnergies Renewables USA, LLC will own a number of units of Sol Holding, LLC equal to 50% of the outstanding units plus one unit, and GIP III Sol Acquisition, LLC, will own a number of units of Sol Holding, LLC equal to 50% of the outstanding units minus one unit . The sole member of GIP III Sol Acquisition, LLC is GIP III Sol Holdings, L.P.

The general partner of GIP III Sol Holdings, L.P. is Global Infrastructure GP III, L.P. The General Partner of Global Infrastructure GP III, L.P. is Global Infrastructure Investors III, LLC. As a result, each of the foregoing entities may be deemed to beneficially own the securities reported herein. Solely for purposes of Section 16 of the Exchange Act, each Reporting Person may be deemed a "director by deputization".