Thomas H. Werner - Feb 21, 2024 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
Executive Chairman, Director
Signature
/s/ Bette Tsien, as attorney-in-fact for Thomas H. Werner
Stock symbol
SPWR
Transactions as of
Feb 21, 2024
Transactions value $
$0
Form type
4
Date filed
2/23/2024, 06:56 PM
Previous filing
Feb 23, 2024

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 +87.5K $0.00 87.5K Feb 21, 2024 Common Stock 87.5K 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 granted and vested immediately on February 21, 2024 pursuant to the terms and conditions of that certain offer letter, dated February 19, 2024, by and between the Reporting Person and Issuer.