Peter Faricy - 05 May 2022 Form 4 Insider Report for SUNPOWER CORP

Signature
/s/ Lauren Walz, as attorney-in-fact for Peter Faricy
Issuer symbol
N/A
Transactions as of
05 May 2022
Net transactions value
-$158,670
Form type
4
Filing time
09 May 2022, 16:20:07 UTC
Previous filing
18 Mar 2022
Next filing
14 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +20,134 +20% $0.000000 121,864 05 May 2022 Direct
transaction SPWR Common Stock Tax liability $158,670 -8,776 -7.2% $18.08 113,088 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 -20,134 -25% $0.000000 60,404 05 May 2022 Common Stock 20,134 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.