Vinayak Hegde - 11 Nov 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 Nov 2022
Net transactions value
$0
Form type
4
Filing time
15 Nov 2022, 15:09:34 UTC
Previous filing
09 Nov 2022
Next filing
14 Feb 2023
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 +2,239 +26% $0.000000 10,925 11 Nov 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 +2,239 $0.000000 2,239 11 Nov 2022 Common Stock 2,239 Direct F1, F2
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -2,239 -100% $0.000000* 0 11 Nov 2022 Common Stock 2,239 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 November 11, 2022 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on October 21, 2020.