Mark R. Widmar - Mar 15, 2023 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Signature
/s/ Jason E. Dymbort, attorney-in-fact
Stock symbol
FSLR
Transactions as of
Mar 15, 2023
Transactions value $
-$413,146
Form type
4
Date filed
3/17/2023, 04:47 PM
Previous filing
Oct 3, 2023
Next filing
Jun 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLR Common Stock Options Exercise $0 +4.86K +3.81% $0.00 132K Mar 15, 2023 Direct F1
transaction FSLR Common Stock Tax liability -$413K -2.03K -1.54% $203.22 130K Mar 15, 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 -4.86K -20% $0.00 19.4K Mar 15, 2023 Common Stock 4.86K Direct F3, F4
* 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 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.
F4 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.