Thomas H Werner - 21 Feb 2024 Form 4 Insider Report for SUNPOWER CORP

Role
Executive Chairman, Director
Signature
/s/ Bette Tsien, as attorney-in-fact for Thomas H. Werner
Issuer symbol
N/A
Transactions as of
21 Feb 2024
Net transactions value
$0
Form type
4
Filing time
23 Feb 2024, 18:56:45 UTC
Previous filing
23 Feb 2024
Next filing
21 Nov 2024
SEC
View on sec.gov

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 +87,464 $0.000000 87,464 21 Feb 2024 Common Stock 87,464 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.