Guthrie Dundas - Apr 5, 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
Apr 5, 2023
Transactions value $
-$50,363
Form type
4
Date filed
4/7/2023, 04:06 PM
Previous filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +11.1K +326.69% $0.00 14.5K Apr 5, 2023 Direct
transaction SPWR Common Stock Tax liability -$50.4K -3.83K -26.48% $13.16 10.6K Apr 5, 2023 Direct F1
holding SPWR Common Stock 4.34K Apr 5, 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 -11.1K -50% $0.00 11.1K Apr 5, 2023 Common Stock 11.1K 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 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 on April 5, 2024.