Alexander R. Bradley - 04 Mar 2022 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Role
Chief Financial Officer
Signature
/s/ Jason E. Dymbort, attorney-in-fact
Issuer symbol
FSLR
Transactions as of
04 Mar 2022
Net transactions value
-$610,746
Form type
4
Filing time
08 Mar 2022, 17:42:34 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 +2,409 +11% $0.000000 24,530 04 Mar 2022 Direct F1
transaction FSLR Common Stock Tax liability $76,951 -1,071 -4.4% $71.85 23,459 04 Mar 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +3,650 +16% $0.000000 27,109 04 Mar 2022 Direct F3
transaction FSLR Common Stock Tax liability $116,613 -1,623 -6% $71.85 25,486 04 Mar 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +4,035 +16% $0.000000 29,521 04 Mar 2022 Direct F4
transaction FSLR Common Stock Tax liability $128,899 -1,794 -6.1% $71.85 27,727 04 Mar 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +1,466 +5.3% $0.000000 29,193 04 Mar 2022 Direct F5
transaction FSLR Common Stock Tax liability $46,846 -652 -2.2% $71.85 28,541 04 Mar 2022 Direct F2
transaction FSLR Common Stock Sale $11,661 -160 -0.56% $72.88 28,381 07 Mar 2022 Direct F6, F7
transaction FSLR Common Stock Sale $25,106 -340 -1.2% $73.84 28,041 07 Mar 2022 Direct F6, F8
transaction FSLR Common Stock Sale $114,981 -1,529 -5.5% $75.20 26,512 07 Mar 2022 Direct F6, F9
transaction FSLR Common Stock Sale $89,690 -1,182 -4.5% $75.88 25,330 07 Mar 2022 Direct F6, F10

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 -2,409 -100% $0.000000* 0 04 Mar 2022 Common Stock 2,409 Direct F11, F12
transaction FSLR Restricted Stock Units Options Exercise $0 -3,650 -50% $0.000000 3,650 04 Mar 2022 Common Stock 3,650 Direct F11, F13
transaction FSLR Restricted Stock Units Options Exercise $0 -4,035 -33% $0.000000 8,070 04 Mar 2022 Common Stock 4,035 Direct F11, F14
transaction FSLR Restricted Stock Units Options Exercise $0 -1,466 -20% $0.000000 5,862 04 Mar 2022 Common Stock 1,466 Direct F15, F16
* 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 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on May 5, 2021.
F7 This transaction was executed in multiple trades at prices ranging from $72.29 to $73.23. The price reported above reflects the weighted average sale price for the transactions reported on this line.
F8 This transaction was executed in multiple trades at prices ranging from $73.50 to $74.45. The price reported above reflects the weighted average sale price for the transactions reported on this line.
F9 This transaction was executed in multiple trades at prices ranging from $74.53 to $75.50. The price reported above reflects the weighted average sale price for the transactions reported on this line.
F10 This transaction was executed in multiple trades at prices ranging from $75.54 to $76.39. The price reported above reflects the weighted average sale price for the transactions reported on this line.
F11 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.
F12 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.
F13 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.
F14 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.
F15 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.
F16 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.