Manavendra Sial - 05 Sep 2022 Form 4 Insider Report for SUNPOWER CORP

Role
EVP and CFO
Signature
Bette Tsien, as Attorney-in-Fact for Manavendra Sial
Issuer symbol
N/A
Transactions as of
05 Sep 2022
Net transactions value
-$91,200
Form type
4
Filing time
07 Sep 2022, 16:24:07 UTC
Previous filing
15 Aug 2022
Next filing
16 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 +8,052 +16% $0.000000 58,862 05 Sep 2022 Direct
transaction SPWR Common Stock Tax liability $91,200 -3,993 -6.8% $22.84 54,869 05 Sep 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 -8,052 -25% $0.000000 24,158 05 Sep 2022 Common Stock 8,052 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 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted shares.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 RSU's shall vest in three equal installments on each of September 5, 2023, September 5, 2024 and September 5, 2025.