Vichheka Heang - Jan 5, 2023 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
Jan 5, 2023
Transactions value $
-$24,625
Form type
4
Date filed
1/9/2023, 03:09 PM
Previous filing
Nov 16, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +3.61K +113.36% $0.00 6.79K Jan 5, 2023 Direct
transaction SPWR Common Stock Tax liability -$24.6K -1.47K -21.67% $16.74 5.32K Jan 5, 2023 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 -3.61K -49.99% $0.00 3.61K Jan 5, 2023 Common Stock 3.61K 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 on January 5, 2024.