Vinayak Hegde - Dec 19, 2023 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
Director
Signature
/s/ Bette Tsien, as attorney-in-fact for Vinayak Hegde
Stock symbol
SPWR
Transactions as of
Dec 19, 2023
Transactions value $
$0
Form type
4
Date filed
12/20/2023, 04:14 PM
Previous filing
Aug 14, 2023
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +10.5K +42.23% $0.00 35.3K Dec 19, 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 +10.5K $0.00 10.5K Dec 19, 2023 Common Stock 10.5K Direct F1, F2
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -10.5K -100% $0.00* 0 Dec 19, 2023 Common Stock 10.5K 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 December 19, 2023 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on October 21, 2020.