Regan J. MacPherson - May 5, 2022 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
Chief Legal Officer
Signature
/s/ Lauren Walz, as attorney-in-fact for Regan J. MacPherson
Stock symbol
SPWR
Transactions as of
May 5, 2022
Transactions value $
-$52,342
Form type
4
Date filed
5/9/2022, 04:14 PM
Previous filing
Mar 18, 2022
Next filing
May 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +8.36K $0.00 8.36K May 5, 2022 Direct
transaction SPWR Common Stock Tax liability -$52.3K -2.9K -34.64% $18.08 5.46K May 5, 2022 Direct F1

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 SPWR Restricted Stock Units (RSUs) Options Exercise $0 -8.36K -25% $0.00 25.1K May 5, 2022 Common Stock 8.36K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition of shares exempt under Rule 10b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted shares.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 The remaining RSUs shall vest in installments on May 5, 2023, May 5, 2024 and May 5, 2025.