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

Signature
/s/ Jason E. Dymbort, attorney-in-fact
Stock symbol
FSLR
Transactions as of
Mar 4, 2022
Transactions value $
-$610,746
Form type
4
Date filed
3/8/2022, 05:42 PM
Previous filing
Mar 4, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLR Common Stock Options Exercise $0 +2.41K +10.89% $0.00 24.5K Mar 4, 2022 Direct F1
transaction FSLR Common Stock Tax liability -$77K -1.07K -4.37% $71.85 23.5K Mar 4, 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +3.65K +15.56% $0.00 27.1K Mar 4, 2022 Direct F3
transaction FSLR Common Stock Tax liability -$117K -1.62K -5.99% $71.85 25.5K Mar 4, 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +4.04K +15.83% $0.00 29.5K Mar 4, 2022 Direct F4
transaction FSLR Common Stock Tax liability -$129K -1.79K -6.08% $71.85 27.7K Mar 4, 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +1.47K +5.29% $0.00 29.2K Mar 4, 2022 Direct F5
transaction FSLR Common Stock Tax liability -$46.8K -652 -2.23% $71.85 28.5K Mar 4, 2022 Direct F2
transaction FSLR Common Stock Sale -$11.7K -160 -0.56% $72.88 28.4K Mar 7, 2022 Direct F6, F7
transaction FSLR Common Stock Sale -$25.1K -340 -1.2% $73.84 28K Mar 7, 2022 Direct F6, F8
transaction FSLR Common Stock Sale -$115K -1.53K -5.45% $75.20 26.5K Mar 7, 2022 Direct F6, F9
transaction FSLR Common Stock Sale -$89.7K -1.18K -4.46% $75.88 25.3K Mar 7, 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 -2.41K -100% $0.00* 0 Mar 4, 2022 Common Stock 2.41K Direct F11, F12
transaction FSLR Restricted Stock Units Options Exercise $0 -3.65K -50% $0.00 3.65K Mar 4, 2022 Common Stock 3.65K Direct F11, F13
transaction FSLR Restricted Stock Units Options Exercise $0 -4.04K -33.33% $0.00 8.07K Mar 4, 2022 Common Stock 4.04K Direct F11, F14
transaction FSLR Restricted Stock Units Options Exercise $0 -1.47K -20.01% $0.00 5.86K Mar 4, 2022 Common Stock 1.47K 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.