Guthrie Dundas - Mar 1, 2023 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
Interim CFO
Signature
/s/ Bette Tsien, as attorney-in-fact for Guthrie Dundas
Stock symbol
SPWR
Transactions as of
Mar 1, 2023
Transactions value $
-$35,580
Form type
4
Date filed
3/3/2023, 05:10 PM
Previous filing
Mar 2, 2023
Next filing
Apr 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +1.77K $0.00 1.77K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +197 +11.12% $0.00 1.97K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +3.75K +190.2% $0.00 5.71K Mar 1, 2023 Direct
transaction SPWR Common Stock Tax liability -$35.6K -2.33K -40.72% $15.29 3.39K Mar 1, 2023 Direct F1
holding SPWR Common Stock 4.34K Mar 1, 2023 By Thacher-Dundas Revocable Living Trust

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 -1.77K -33.34% $0.00 3.54K Mar 1, 2023 Common Stock 1.77K Direct F2, F3
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -197 -50% $0.00 197 Mar 1, 2023 Common Stock 197 Direct F2, F4
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -3.75K -25% $0.00 11.2K Mar 1, 2023 Common Stock 3.75K Direct F2, F5
* 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 vest in equal installments on March 1, 2024 and March 1, 2025.
F4 The remaining RSUs vest on March 1, 2024.
F5 The remaining RSUs vest in equal installments on March 1, 2024, March 1, 2025 and March 1, 2026.