Peter Faricy - May 5, 2022 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
President and CEO, Director
Signature
/s/ Lauren Walz, as attorney-in-fact for Peter Faricy
Stock symbol
SPWR
Transactions as of
May 5, 2022
Transactions value $
-$158,670
Form type
4
Date filed
5/9/2022, 04:20 PM
Previous filing
Mar 18, 2022
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +20.1K +19.79% $0.00 122K May 5, 2022 Direct
transaction SPWR Common Stock Tax liability -$159K -8.78K -7.2% $18.08 113K 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 -20.1K -25% $0.00 60.4K May 5, 2022 Common Stock 20.1K 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 PSU or RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 The remaining RSU's shall vest in installments on each of May 5, 2023, May 5, 2024 and May 5, 2025.