Eileen Evans - Mar 1, 2024 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Signature
/s/ Bette Tsien, as attorney-in-fact for Eileen Evans
Stock symbol
SPWR
Transactions as of
Mar 1, 2024
Transactions value $
-$7,409
Form type
4
Date filed
3/4/2024, 07:42 PM
Previous filing
Nov 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +5.68K +111.25% $0.00 10.8K Mar 1, 2024 Direct
transaction SPWR Common Stock Tax liability -$7.41K -2.33K -21.59% $3.18 8.46K Mar 1, 2024 Direct F1

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 (RSU's) Options Exercise $0 -5.68K -25% $0.00 17.1K Mar 1, 2024 Common Stock 5.68K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition of shares exempt under Rule 10b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted shares.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
F3 The remaining RSUs shall vest in equal installments on March 1, 2025, March 1, 2026 and March 1, 2027.