Manavendra Sial - 05 May 2022 Form 4 Insider Report for SUNPOWER CORP

Signature
Lauren Walz, as Attorney-in-Fact for Manavendra Sial
Issuer symbol
N/A
Transactions as of
05 May 2022
Net transactions value
-$174,128
Form type
4
Filing time
09 May 2022, 16:17:19 UTC
Previous filing
18 Mar 2022
Next filing
15 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +26,231 +44% $0.000000 85,441 05 May 2022 Direct
transaction SPWR Common Stock Tax liability $174,128 -9,631 -11% $18.08 75,810 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 -26,231 -100% $0.000000* 0 05 May 2022 Common Stock 26,231 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 16b-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 This is the final installment to vest