Vikas Desai - 18 Jul 2023 Form 4 Insider Report for Freedom Acquisition I Corp. (SPWR)

Role
President; GM Business Units
Signature
/s/ Matt Hemington, Attorney-in-Fact for Vikas Desai
Issuer symbol
SPWR
Transactions as of
18 Jul 2023
Net transactions value
$0
Form type
4
Filing time
20 Jul 2023, 21:19:14 UTC
SEC
View on sec.gov

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 CSLR Stock Option (Right to Buy) Award $0 +4,244 $0.000000 4,244 18 Jul 2023 Common Stock 4,244 $10.03 Direct F1
transaction CSLR Stock Option (Right to Buy) Award $0 +281,836 $0.000000 281,836 18 Jul 2023 Common Stock 281,836 $4.62 Direct F2
transaction CSLR Stock Option (Right to Buy) Award $0 +58,950 $0.000000 58,950 18 Jul 2023 Common Stock 58,950 $11.45 Direct F3
transaction CSLR Stock Option (Right to Buy) Award $0 +289,781 $0.000000 289,781 18 Jul 2023 Common Stock 289,781 $5.18 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This option is fully vested.
F2 The shares subject to the option vest as follows: 20% of the shares subject to the option vested on October 11, 2022; and 1/60th of the shares subject to the option shall vest monthly thereafter over the following four years.
F3 The shares subject to the option vest as follows: 20% of the shares subject to the option shall vest on October 27, 2023; and 1/60th of the shares subject to the option shall vest monthly thereafter over the following four years.
F4 The shares subject to the option vest as follows: 1/60th of the shares subject to the option shall vest monthly over five years from May 11, 2023.