Vinayak Hegde - 11 May 2023 Form 4 Insider Report for SUNPOWER CORP

Role
Director
Signature
/s/ Bette Tsien, as attorney-in-fact for Vinayak Hegde
Issuer symbol
N/A
Transactions as of
11 May 2023
Net transactions value
$0
Form type
4
Filing time
15 May 2023, 16:13:35 UTC
Previous filing
14 Feb 2023
Next filing
14 Aug 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 +4,575 +32% $0.000000 18,679 11 May 2023 Direct

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) Award $0 +4,575 $0.000000 4,575 11 May 2023 Common Stock 4,575 Direct F1, F2
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -4,575 -100% $0.000000* 0 11 May 2023 Common Stock 4,575 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F2 The RSUs were automatically granted and vested immediately on May 11, 2023 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on October 21, 2020.