Vichheka Heang - 05 Jan 2023 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 Jan 2023
Net transactions value: -$24,625
Form type: 4
Filing time: 09 Jan 2023, 15:09:06 UTC
Previous filing: 16 Nov 2022
Next filing: 02 Mar 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	+3,606	+113%	$0.000000	6,787	05 Jan 2023	Direct
transaction	SPWR	Common Stock	Tax liability	$24,625	-1,471	-22%	$16.74	5,316	05 Jan 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	-3,606	-50%	$0.000000	3,608	05 Jan 2023	Common Stock	3,606		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.