Byron Michael Jeffers - Mar 15, 2023 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Role
VP - Global Controller and CAO
Signature
/s/ Jason E. Dymbort, attorney-in-fact
Stock symbol
FSLR
Transactions as of
Mar 15, 2023
Transactions value $
-$66,257
Form type
4
Date filed
3/17/2023, 04:40 PM
Previous filing
Oct 3, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLR Common Stock Options Exercise $0 +327 $0.00 327 Mar 15, 2023 Direct F1
transaction FSLR Common Stock Tax liability -$17.9K -88 -26.91% $203.22 239 Mar 15, 2023 Direct F2
transaction FSLR Common Stock Sale -$48.4K -239 -100% $202.40 0 Mar 16, 2023 Direct F3

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 -327 -20% $0.00 1.31K Mar 15, 2023 Common Stock 327 Direct F4, F5
* 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 20% of the restricted stock units granted on March 15, 2022.
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 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on May 5, 2022.
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 2020 Omnibus Incentive Compensation Plan.
F5 The restricted stock units were granted on March 15, 2022 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.