Vichheka Heang - Nov 5, 2022 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
Principal Accounting Officer
Signature
By: Bette Tsien, as attorney-in-fact for Vichheka Heang
Stock symbol
SPWR
Transactions as of
Nov 5, 2022
Transactions value $
-$15,163
Form type
4
Date filed
11/8/2022, 03:10 PM
Previous filing
Aug 11, 2022
Next filing
Nov 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +2.5K +49.54% $0.00 7.55K Nov 5, 2022 Direct
transaction SPWR Common Stock Tax liability -$15.2K -865 -11.46% $17.53 6.68K Nov 5, 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 -2.5K -33.33% $0.00 5K Nov 5, 2022 Common Stock 2.5K 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.