Jason E. Dymbort - Oct 18, 2021 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Role: General Counsel
Signature: /s/ Jason E. Dymbort
Stock symbol: FSLR
Transactions as of: Oct 18, 2021
Transactions value $: -$187,800
Form type: 4
Date filed: 10/20/2021, 04:35 PM
Next filing: Mar 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FSLR	Common Stock	Options Exercise	$0	+1.79K	+75.12%	$0.00	4.17K	Oct 18, 2021	Direct	F1
transaction	FSLR	Common Stock	Tax liability	-$70.4K	-670	-16.06%	$105.11	3.5K	Oct 18, 2021	Direct	F2
transaction	FSLR	Common Stock	Sale	-$117K	-1.12K	-31.97%	$104.80	2.38K	Oct 19, 2021	Direct	F3

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	-1.79K	-100%	$0.00^*	0	Oct 18, 2021	Common Stock	1.79K		Direct	F4, F5

* 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 50% of the restricted stock units granted on October 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	This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on March 3, 2021.
F4	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.
F5	The restricted stock units were granted on October 15, 2019 as a performance recognition grant. These units are scheduled to vest at a rate of 50% per year, commencing on the first anniversary of the grant date.