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

Role: General Counsel
Signature: /s/ Jason E. Dymbort
Issuer symbol: FSLR
Transactions as of: 18 Oct 2021
Net transactions value: -$187,800
Form type: 4
Filing time: 20 Oct 2021, 16:35:41 UTC
Next filing: 04 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FSLR	Common Stock	Options Exercise	$0	+1,790	+75%	$0.000000	4,173	18 Oct 2021	Direct	F1
transaction	FSLR	Common Stock	Tax liability	$70,424	-670	-16%	$105.11	3,503	18 Oct 2021	Direct	F2
transaction	FSLR	Common Stock	Sale	$117,376	-1,120	-32%	$104.80	2,383	19 Oct 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	-1,790	-100%	$0.000000^*	0	18 Oct 2021	Common Stock	1,790		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.