Peter Faricy - 28 Feb 2023 Form 4 Insider Report for SUNPOWER CORP

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Mar 2023, 19:09:07 UTC
Prior SEC filing
05 Jul 2022
Next SEC filing
03 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bette Tsien, as attorney-in-fact for Peter Faricy

Key filing fact

Peter Faricy filed Form 4 for SUNPOWER CORP on 02 Mar 2023.

Key facts

  • This page summarizes Peter Faricy's Form 4 filing for SUNPOWER CORP.
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 02 Mar 2023, 19:09.

Change

  • Previous filing in this sequence was filed on 05 Jul 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SPWR transaction Derivative

Restricted Stock Units (RSUs)

Award

Transaction value
$0
Shares
+136,411
Change %
Price
$0.000000
Shares after
136,411
Date
28 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
136,411
Exercise price
Footnotes
F1, F2
SPWR transaction Derivative

Performance Based Restricted Stock Units (PSUs)

Award

Transaction value
$0
Shares
+87,460
Change %
Price
$0.000000
Shares after
87,460
Date
28 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
87,460
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

Footnote F2

RSUs shall vest in four equal annual installments on each of March 1, 2024, March 1, 2025, March 1, 2026 and March 1, 2027.

Footnote F3

Each PSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.

Footnote F4

On March 16, 2022, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain criteria. The Compensation Committee of the Issuer's Board of Directors confirmed the achievement of the performance criteria on February 28, 2023 and, based on that assessment, determined the number of PSUs. The remaining PSUs will vest in four equal installments each on March 1, 2023, March 1, 2024, March 1, 2025 and March 1, 2026.

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