Thomas R. Mcdaniel - May 11, 2022 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
Director
Signature
/s/ Lauren Walz, as attorney-in-fact for Thomas R. McDaniel
Stock symbol
SPWR
Transactions as of
May 11, 2022
Transactions value $
$0
Form type
4
Date filed
5/13/2022, 08:04 PM
Previous filing
Feb 25, 2022
Next filing
May 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +3.64K $0.00 3.64K May 11, 2022 Direct
holding SPWR Common Stock 281K May 11, 2022 See footnote 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) Award $0 +3.64K $0.00 3.64K May 11, 2022 Common Stock 3.64K Direct F2, F3
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -3.64K -100% $0.00* 0 May 11, 2022 Common Stock 3.64K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held of record by the McDaniel Trust dtd 7/26/2000 (the "Trust") of which the Reporting Person and his wife are co-trustees. Each trustee has independent control and voting power over the Trust.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 The RSUs were automatically granted and vested immediately on May 11, 2022 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on October 21, 2020.