Vichheka Heang - 05 Nov 2022 Form 4 Insider Report for SUNPOWER CORP

Role
Principal Accounting Officer
Signature
By: Bette Tsien, as attorney-in-fact for Vichheka Heang
Issuer symbol
N/A
Transactions as of
05 Nov 2022
Net transactions value
-$15,163
Form type
4
Filing time
08 Nov 2022, 15:10:12 UTC
Previous filing
11 Aug 2022
Next filing
16 Nov 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 +2,500 +50% $0.000000 7,546 05 Nov 2022 Direct
transaction SPWR Common Stock Tax liability $15,163 -865 -11% $17.53 6,681 05 Nov 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 -2,500 -33% $0.000000 5,000 05 Nov 2022 Common Stock 2,500 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 The remaining RSUs shall vest in two installments on November 5, 2023 and November 5, 2024.