Markus Gloeckler - Aug 13, 2021 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Role: Chief Technology Officer
Signature: /s/ Jason E. Dymbort, attorney-in-fact
Stock symbol: FSLR
Transactions as of: Aug 13, 2021
Transactions value $: $46,175
Form type: 4
Date filed: 8/16/2021, 04:25 PM
Previous filing: Aug 11, 2021
Next filing: Nov 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FSLR	Common Stock	Options Exercise	$81.5K	+844	+29.26%	$96.60	3.73K	Aug 13, 2021	Direct	F1
transaction	FSLR	Common Stock	Tax liability	-$35.4K	-366	-9.82%	$96.60	3.36K	Aug 13, 2021	Direct	F2

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	FSLR	Restricted Stock Units	Options Exercise	$0	-844	-33.35%	$0.00	1.69K	Aug 13, 2021	Common Stock	844		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on August 15, 2019.
F2	Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
F3	Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2015 Omnibus Incentive Compensation Plan.
F4	The restricted stock units were granted on August 15, 2019 as a performance recognition grant. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.