Guthrie Dundas - 05 Apr 2023 Form 4 Insider Report for SUNPOWER CORP

Role: Interim CFO
Signature: /s/ Bette Tsien, as attorney-in-fact for Guthrie Dundas
Issuer symbol: N/A
Transactions as of: 05 Apr 2023
Net transactions value: -$50,363
Form type: 4
Filing time: 07 Apr 2023, 16:06:27 UTC
Previous filing: 03 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	+11,065	+327%	$0.000000	14,452	05 Apr 2023	Direct
transaction	SPWR	Common Stock	Tax liability	$50,363	-3,827	-26%	$13.16	10,625	05 Apr 2023	Direct	F1
holding	SPWR	Common Stock						4,340	05 Apr 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	-11,065	-50%	$0.000000	11,065	05 Apr 2023	Common Stock	11,065		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.