Peter Faricy - 05 May 2023 Form 4 Insider Report for SUNPOWER CORP

Role
President and CEO, Director
Signature
/s/ Bette Tsien, as attorney-in-fact for Peter Faricy
Issuer symbol
N/A
Transactions as of
05 May 2023
Net transactions value
-$95,773
Form type
4
Filing time
09 May 2023, 16:10:20 UTC
Previous filing
17 Mar 2023
Next filing
05 Jul 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 +20,135 +11% $0.000000 197,593 05 May 2023 Direct
transaction SPWR Common Stock Tax liability $95,773 -8,483 -4.3% $11.29 189,110 05 May 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 -20,135 -33% $0.000000 40,269 05 May 2023 Common Stock 20,135 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.