Jason MacRae - 05 Sep 2023 Form 4 Insider Report for SUNPOWER CORP

Role
EVP, Financial Products
Signature
/s/ Bette Tsien, as attorney-in-fact for Jason MacRae
Issuer symbol
N/A
Transactions as of
05 Sep 2023
Net transactions value
-$72,209
Form type
4
Filing time
06 Sep 2023, 16:04:51 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 +31,608 +99% $0.000000 63,662 05 Sep 2023 Direct
transaction SPWR Common Stock Tax liability $72,209 -10,257 -16% $7.04 53,405 05 Sep 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 -31,608 -33% $0.000000 63,216 05 Sep 2023 Common Stock 31,608 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 10b-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 in equal annual installments on September 5, 2024 and September 5, 2025.