Douglas J. Richards - Mar 1, 2023 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
EVP, Administration
Signature
Bette Tsien, as Attorney-in-Fact for Douglas J. Richards
Stock symbol
SPWR
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 05:19 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 +14K +58.39% $0.00 37.9K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +11K +29.04% $0.00 48.9K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +4.37K +8.95% $0.00 53.2K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +12.3K +23.19% $0.00 65.6K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +2.01K +3.06% $0.00 67.6K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +586 +0.87% $0.00 68.2K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +5.31K +7.78% $0.00 73.5K Mar 1, 2023 Direct
transaction SPWR Common Stock Options Exercise $0 +15.7K +21.42% $0.00 89.2K Mar 1, 2023 Direct
transaction SPWR Common Stock Tax liability $0 -23K -25.74% $0.00 66.3K 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 Performance Based Restricted Stock Units (PSUs) Options Exercise $0 -14K -100% $0.00* 0 Mar 1, 2023 Common Stock 14K Direct F2, F3
transaction SPWR Performance Based Restricted Stock Units (PSUs) Options Exercise $0 -11K -50% $0.00 11K Mar 1, 2023 Common Stock 11K Direct F2, F4
transaction SPWR Performance Based Restricted Stock Units (PSUs) Options Exercise $0 -4.37K -25% $0.00 13.1K Mar 1, 2023 Common Stock 4.37K Direct F2, F5
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -12.3K -50% $0.00 12.3K Mar 1, 2023 Common Stock 12.3K Direct F2, F4
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -2.01K -33.33% $0.00 4.02K Mar 1, 2023 Common Stock 2.01K Direct F2, F6
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -586 -49.96% $0.00 587 Mar 1, 2023 Common Stock 586 Direct F2, F4
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -5.31K -25% $0.00 15.9K Mar 1, 2023 Common Stock 5.31K Direct F2, F5
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -15.7K -100% $0.00* 0 Mar 1, 2023 Common Stock 15.7K 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 the Issuer by delivery or withholding securities incident to vesting of restricted shares.
F2 Each PSU or RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 Fully vested.
F4 The remaining PSUs or RSUs vest on March 1, 2024.
F5 The remaining PSUs or RSUs vest in equal installments on March 1, 2024, March 1, 2025 and March 1, 2026.
F6 The remaining RSUs vest in equal installments on March 1, 2024 and March 1, 2025.