Vinayak Hegde - 12 Feb 2024 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
12 Feb 2024
Net transactions value
$0
Form type
4
Filing time
14 Feb 2024, 19:45:25 UTC
Previous filing
20 Dec 2023
Next filing
06 Sep 2024
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 +12,020 +34% $0.000000 47,325 12 Feb 2024 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 +12,020 $0.000000 12,020 12 Feb 2024 Common Stock 12,020 Direct F1, F2
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -12,020 -100% $0.000000* 0 12 Feb 2024 Common Stock 12,020 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 February 12, 2024 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on October 21, 2020.