Markus Gloeckler - 17 Aug 2022 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Signature
/s/ Jason E. Dymbort, attorney-in-fact
Issuer symbol
FSLR
Transactions as of
17 Aug 2022
Net transactions value
-$155,056
Form type
4
Filing time
19 Aug 2022, 16:03:50 UTC
Previous filing
29 Jul 2022
Next filing
06 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLR Common Stock Sale $55,037 -478 -26% $115.14 1,373 17 Aug 2022 Direct F1
transaction FSLR Common Stock Options Exercise $0 +844 +61% $0.000000 2,217 17 Aug 2022 Direct F2
transaction FSLR Common Stock Tax liability $44,805 -379 -17% $118.22 1,838 17 Aug 2022 Direct F3
transaction FSLR Common Stock Sale $55,214 -465 -25% $118.74 1,373 18 Aug 2022 Direct F1

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 -844 -50% $0.000000 843 17 Aug 2022 Common Stock 844 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on August 13, 2021.
F2 Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on August 15, 2019.
F3 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
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 August 15, 2019 as a performance recognition grant. 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.