GIP III Sol Holdings, L.P. - Sep 6, 2022 Form 3 Insider Report for SUNPOWER CORP (SPWR)

Role: Director, 10%+ Owner
Signature: GIP III SOL HOLDINGS, L.P. By: Global Infrastructure GP III, L.P., its general partner Name: Jonathan Bram Title: Partner /s/ Jonathan Bram
Stock symbol: SPWR
Transactions as of: Sep 6, 2022
Transactions value $: $0
Form type: 3
Date filed: 9/15/2022, 03:28 PM
Next filing: Feb 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SPWR	Common Stock						88M	Sep 6, 2022	See footnote	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 are held directly by Sol Holding, LLC. No shares of the Issuer have been directly transferred to the Reporting Owners. TotalEnergies Renewables USA, LLC transferred units of Sol Holding, LLC to GIP III Sol Acquisition, LLC such that TotalEnergies Renewables USA, LLC owns a number of units of Sol Holding, LLC equal to 50% of the outstanding units plus one unit, and GIP III Sol Acquisition, LLC, owns 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 are held directly by Sol Holding, LLC. No shares of the Issuer have been directly transferred to the Reporting Owners. TotalEnergies Renewables USA, LLC transferred units of Sol Holding, LLC to GIP III Sol Acquisition, LLC such that TotalEnergies Renewables USA, LLC owns a number of units of Sol Holding, LLC equal to 50% of the outstanding units plus one unit, and GIP III Sol Acquisition, LLC, owns 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".