Vinayak Hegde - Feb 12, 2024 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
Feb 12, 2024
Transactions value $
$0
Form type
4
Date filed
2/14/2024, 07:45 PM
Previous filing
Dec 20, 2023
Next filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +12K +34.05% $0.00 47.3K Feb 12, 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 +12K $0.00 12K Feb 12, 2024 Common Stock 12K Direct F1, F2
transaction SPWR Restricted Stock Units (RSUs) Options Exercise $0 -12K -100% $0.00* 0 Feb 12, 2024 Common Stock 12K 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.