Michael Koralewski - Mar 15, 2024 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Role
Chief Supply Chain Officer
Signature
/s/ Jason E. Dymbort, attorney-in-fact
Stock symbol
FSLR
Transactions as of
Mar 15, 2024
Transactions value $
-$40,541
Form type
4
Date filed
3/19/2024, 05:29 PM
Previous filing
Mar 8, 2024
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLR Common Stock Options Exercise $0 +641 +5.32% $0.00 12.7K Mar 15, 2024 Direct F1
transaction FSLR Common Stock Tax liability -$40.5K -275 -2.17% $147.42 12.4K Mar 15, 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 -641 -25.03% $0.00 1.92K Mar 15, 2024 Common Stock 641 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. The restricted stock units granted on March 15, 2022 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.