Vinayak Hegde - 11 Aug 2022 Form 4 Insider Report for SUNPOWER CORP

Role
Director
Signature
/s/ Bette Tsien, as attorney-in-fact for Vinayak Hegde
Issuer symbol
N/A
Transactions as of
11 Aug 2022
Net transactions value
$0
Form type
4
Filing time
15 Aug 2022, 18:59:27 UTC
Previous filing
13 May 2022
Next filing
20 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +1,947 +29% $0.000000 8,686 11 Aug 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 +1,947 $0.000000 1,947 11 Aug 2022 Common Stock 1,947 Direct F1, F2
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -1,947 -100% $0.000000* 0 11 Aug 2022 Common Stock 1,947 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 August 11, 2022 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on October 21, 2020.