Mark R. Widmar - Mar 6, 2024 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, 2024
Transactions value $
-$1,376,670
Form type
4
Date filed
3/8/2024, 05:20 PM
Previous filing
Mar 5, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLR Common Stock Options Exercise $0 +15K +14.54% $0.00 118K Mar 6, 2024 Direct F1
transaction FSLR Common Stock Tax liability -$970K -6.12K -5.18% $158.42 112K Mar 6, 2024 Direct F2
transaction FSLR Common Stock Options Exercise $0 +5.1K +4.56% $0.00 117K Mar 6, 2024 Direct F3
transaction FSLR Common Stock Tax liability -$330K -2.09K -1.78% $158.42 115K Mar 6, 2024 Direct F2
transaction FSLR Common Stock Options Exercise $0 +1.18K +1.02% $0.00 116K Mar 6, 2024 Direct F4
transaction FSLR Common Stock Tax liability -$76.4K -482 -0.41% $158.42 116K Mar 6, 2024 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 -15K -100% $0.00* 0 Mar 6, 2024 Common Stock 15K Direct F5, F6
transaction FSLR Restricted Stock Units Options Exercise $0 -5.1K -33.34% $0.00 10.2K Mar 6, 2024 Common Stock 5.1K Direct F7, F8
transaction FSLR Restricted Stock Units Options Exercise $0 -1.18K -20.01% $0.00 4.71K Mar 6, 2024 Common Stock 1.18K Direct F7, F9
transaction FSLR Restricted Stock Units Award $0 +12.6K $0.00 12.6K Mar 6, 2024 Common Stock 12.6K Direct F7, F10
* 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, 2020.
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 20% of the restricted stock units granted on March 6, 2021.
F4 Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2023.
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, 2020 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2020 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
F7 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.
F8 The restricted stock units were granted on March 6, 2021 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2021 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
F9 The restricted stock units were granted on March 6, 2023 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2023 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
F10 The restricted stock units were granted on March 6, 2024 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2024 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.