Eileen Evans - Nov 5, 2023 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Signature
/s/ Bette Tsien, as attorney-in-fact for Eileen Evans
Stock symbol
SPWR
Transactions as of
Nov 5, 2023
Transactions value $
-$12,344
Form type
4
Date filed
11/7/2023, 04:09 PM
Previous filing
Mar 2, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +7.81K $0.00 7.81K Nov 5, 2023 Direct
transaction SPWR Common Stock Tax liability -$12.3K -2.7K -34.58% $4.57 5.11K Nov 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 (RSU's) Options Exercise $0 -7.81K -25% $0.00 23.4K Nov 5, 2023 Common Stock 7.81K 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 shall vest in equal installments on November 5, 2024, November 5, 2025 and November 5, 2026.