Georges Antoun - 04 Mar 2022 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Role: Chief Commercial Officer
Signature: /s/ Jason E. Dymbort, attorney-in-fact
Issuer symbol: FSLR
Transactions as of: 04 Mar 2022
Net transactions value: -$339,850
Form type: 4
Filing time: 08 Mar 2022, 17:31:46 UTC
Previous filing: 04 Mar 2022
Next filing: 17 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	+2,780	+14%	$0.000000	22,846	04 Mar 2022	Direct	F1
transaction	FSLR	Common Stock	Tax liability	$78,604	-1,094	-4.8%	$71.85	21,752	04 Mar 2022	Direct	F2
transaction	FSLR	Common Stock	Options Exercise	$0	+3,893	+18%	$0.000000	25,645	04 Mar 2022	Direct	F3
transaction	FSLR	Common Stock	Tax liability	$110,074	-1,532	-6%	$71.85	24,113	04 Mar 2022	Direct	F2
transaction	FSLR	Common Stock	Options Exercise	$0	+4,612	+19%	$0.000000	28,725	04 Mar 2022	Direct	F4
transaction	FSLR	Common Stock	Tax liability	$130,408	-1,815	-6.3%	$71.85	26,910	04 Mar 2022	Direct	F2
transaction	FSLR	Common Stock	Options Exercise	$0	+733	+2.7%	$0.000000	27,643	04 Mar 2022	Direct	F5
transaction	FSLR	Common Stock	Tax liability	$20,765	-289	-1%	$71.85	27,354	04 Mar 2022	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	-2,780	-100%	$0.000000^*	0	04 Mar 2022	Common Stock	2,780		Direct	F6, F7
transaction	FSLR	Restricted Stock Units	Options Exercise	$0	-3,893	-50%	$0.000000	3,893	04 Mar 2022	Common Stock	3,893		Direct	F6, F8
transaction	FSLR	Restricted Stock Units	Options Exercise	$0	-4,612	-33%	$0.000000	9,222	04 Mar 2022	Common Stock	4,612		Direct	F6, F9
transaction	FSLR	Restricted Stock Units	Options Exercise	$0	-733	-20%	$0.000000	2,931	04 Mar 2022	Common Stock	733		Direct	F10, F11

* 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 March 6, 2018.
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	Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2019.
F4	Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2020.
F5	Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2021.
F6	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.
F7	The restricted stock units were granted on March 6, 2018 as part of the Issuer's annual equity grant to executive officers. 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.
F8	The restricted stock units were granted on March 6, 2019 as part of the Issuer's annual equity grant to executive officers. 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.
F9	The restricted stock units were granted on March 6, 2020 as part of the Issuer's annual equity grant to executive officers. 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.
F10	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 2020 Omnibus Incentive Compensation Plan.
F11	The restricted stock units were granted on March 6, 2021 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.