June Sauvaget - Jan 5, 2023 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
EVP, Chief Marketing Officer
Signature
/s/ Bette Tsien, as attorney-in-fact for June Sauvaget
Stock symbol
SPWR
Transactions as of
Jan 5, 2023
Transactions value $
-$59,779
Form type
4
Date filed
1/9/2023, 03:11 PM
Previous filing
Nov 2, 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 +12.7K $0.00 12.7K Jan 5, 2023 Direct
transaction SPWR Common Stock Tax liability -$59.8K -3.57K -28.19% $16.74 9.1K 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 -12.7K -25% $0.00 38K Jan 5, 2023 Common Stock 12.7K 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 RSU's shall vest in three installments on January 5, 2024, January 5, 2025 and January 5, 2026.