Regan J. MacPherson - 05 May 2022 Form 4 Insider Report for SUNPOWER CORP

Role: Chief Legal Officer
Signature: /s/ Lauren Walz, as attorney-in-fact for Regan J. MacPherson
Issuer symbol: N/A
Transactions as of: 05 May 2022
Net transactions value: -$52,342
Form type: 4
Filing time: 09 May 2022, 16:14:51 UTC
Previous filing: 18 Mar 2022
Next filing: 24 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPWR	Common Stock	Options Exercise	$0	+8,357		$0.000000	8,357	05 May 2022	Direct
transaction	SPWR	Common Stock	Tax liability	$52,342	-2,895	-35%	$18.08	5,462	05 May 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	-8,357	-25%	$0.000000	25,074	05 May 2022	Common Stock	8,357		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.