CATHERINE A. LESJAK - 11 May 2022 Form 4 Insider Report for SUNPOWER CORP

Role
Director
Signature
Lauren Walz, as attorney-in-fact for Catherine A. Lesjak
Issuer symbol
N/A
Transactions as of
11 May 2022
Net transactions value
$0
Form type
4
Filing time
13 May 2022, 20:05:53 UTC
Previous filing
04 Apr 2022
Next filing
16 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +3,643 +2.1% $0.000000 175,279 11 May 2022 Direct

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 +3,643 $0.000000 3,643 11 May 2022 Common Stock 3,643 Direct F1, F2
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -3,643 -100% $0.000000* 0 11 May 2022 Common Stock 3,643 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2 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.