Vichheka Heang - Mar 1, 2023 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
Principal Accounting Officer
Signature
By: Bette Tsien, as attorney-in-fact for Vichheka Heang
Stock symbol
SPWR
Transactions as of
Mar 1, 2023
Transactions value $
-$128,956
Form type
4
Date filed
3/3/2023, 05:14 PM
Previous 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 +4.55K +85.53% $0.00 9.86K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +9.26K +93.86% $0.00 19.1K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +4.2K +21.95% $0.00 23.3K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +1.07K +4.6% $0.00 24.4K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +400 +1.64% $0.00 24.8K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +4.95K +19.98% $0.00 29.7K Mar 1, 2023 Direct
transaction SPWR Common Stock Tax liability -$129K -8.43K -28.36% $15.29 21.3K Mar 1, 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 -4.55K -100% $0.00* 0 Mar 1, 2023 Common Stock 4.55K Direct F2, F3
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -9.26K -49.99% $0.00 9.26K Mar 1, 2023 Common Stock 9.26K Direct F2, F4
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -4.2K -100% $0.00* 0 Mar 1, 2023 Common Stock 4.2K Direct F2, F3
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -1.07K -33.34% $0.00 2.14K Mar 1, 2023 Common Stock 1.07K Direct F2, F5
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -400 -49.94% $0.00 401 Mar 1, 2023 Common Stock 400 Direct F2, F4
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -4.95K -25% $0.00 14.9K Mar 1, 2023 Common Stock 4.95K 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.