Vichheka Heang - 01 Mar 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
01 Mar 2023
Net transactions value
-$128,956
Form type
4
Filing time
03 Mar 2023, 17:14:21 UTC
Previous 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 +4,547 +86% $0.000000 9,863 01 Mar 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +9,257 +94% $0.000000 19,120 01 Mar 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +4,197 +22% $0.000000 23,317 01 Mar 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +1,072 +4.6% $0.000000 24,389 01 Mar 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +400 +1.6% $0.000000 24,789 01 Mar 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +4,953 +20% $0.000000 29,742 01 Mar 2023 Direct
transaction SPWR Common Stock Tax liability $128,956 -8,434 -28% $15.29 21,308 01 Mar 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 -4,547 -100% $0.000000* 0 01 Mar 2023 Common Stock 4,547 Direct F2, F3
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -9,257 -50% $0.000000 9,259 01 Mar 2023 Common Stock 9,257 Direct F2, F4
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -4,197 -100% $0.000000* 0 01 Mar 2023 Common Stock 4,197 Direct F2, F3
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -1,072 -33% $0.000000 2,143 01 Mar 2023 Common Stock 1,072 Direct F2, F5
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -400 -50% $0.000000 401 01 Mar 2023 Common Stock 400 Direct F2, F4
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -4,953 -25% $0.000000 14,860 01 Mar 2023 Common Stock 4,953 Direct F2, F6
* 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 the Issuer 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 Fully vested.
F4 The remaining RSUs vest on March 1, 2024.
F5 The remaining RSUs vest in equal installments on March 1, 2024 and March 1, 2025.
F6 The remaining RSUs vest in equal installments on March 1, 2024, March 1, 2025 and March 1, 2026.