Peter Faricy - May 5, 2023 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
President and CEO, Director
Signature
/s/ Bette Tsien, as attorney-in-fact for Peter Faricy
Stock symbol
SPWR
Transactions as of
May 5, 2023
Transactions value $
-$95,773
Form type
4
Date filed
5/9/2023, 04:10 PM
Previous filing
Mar 17, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +20.1K +11.35% $0.00 198K May 5, 2023 Direct
transaction SPWR Common Stock Tax liability -$95.8K -8.48K -4.29% $11.29 189K May 5, 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 -20.1K -33.33% $0.00 40.3K May 5, 2023 Common Stock 20.1K 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 RSU's vest in equal installments on May 5, 2024 and May 5, 2025.