Mark R. Widmar - Mar 6, 2023 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Role
Chief Executive Officer, Director
Signature
/s/ Jason E. Dymbort, attorney-in-fact
Stock symbol
FSLR
Transactions as of
Mar 6, 2023
Transactions value $
-$2,943,964
Form type
4
Date filed
3/8/2023, 05:40 PM
Previous filing
Mar 6, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLR Common Stock Options Exercise $0 +12.7K +11.67% $0.00 121K Mar 6, 2023 Direct F1
transaction FSLR Common Stock Tax liability -$1.14M -5.36K -4.43% $212.30 116K Mar 6, 2023 Direct F2
transaction FSLR Common Stock Options Exercise $0 +15K +12.95% $0.00 131K Mar 6, 2023 Direct F3
transaction FSLR Common Stock Tax liability -$1.35M -6.35K -4.86% $212.30 124K Mar 6, 2023 Direct F2
transaction FSLR Common Stock Options Exercise $0 +5.1K +4.1% $0.00 129K Mar 6, 2023 Direct F4
transaction FSLR Common Stock Tax liability -$459K -2.16K -1.67% $212.30 127K Mar 6, 2023 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 -12.7K -100% $0.00* 0 Mar 6, 2023 Common Stock 12.7K Direct F5, F6
transaction FSLR Restricted Stock Units Options Exercise $0 -15K -50% $0.00 15K Mar 6, 2023 Common Stock 15K Direct F5, F7
transaction FSLR Restricted Stock Units Options Exercise $0 -5.1K -25% $0.00 15.3K Mar 6, 2023 Common Stock 5.1K Direct F8, F9
* 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, 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 Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2020.
F4 Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2021.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.