Jennifer Johnston - 05 Jun 2024 Form 4 Insider Report for SUNPOWER CORP

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Jun 2024, 19:59:34 UTC
Prior SEC filing
18 Jul 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Lynnette Quintana, as attorney-in-fact for Jennifer Johnston

Key filing fact

Jennifer Johnston filed Form 4 for SUNPOWER CORP on 07 Jun 2024.

Key facts

  • This page summarizes Jennifer Johnston's Form 4 filing for SUNPOWER CORP.
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 07 Jun 2024, 19:59.

Change

  • Previous filing in this sequence was filed on 18 Jul 2023.
  • Current net transaction value: -$14,534.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SPWR transaction

Common Stock

Options Exercise

Transaction value
Shares
+18,365
Change %
Price
Shares after
18,365
Date
05 Jun 2024
Ownership
Direct
Footnotes
F1
SPWR transaction

Common Stock

Tax liability

Transaction value
$14,534
Shares
-4,472
Change %
-24%
Price
$3.25
Shares after
13,893
Date
05 Jun 2024
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SPWR transaction Derivative

Restricted Stock Units (RSUs)

Options Exercise

Transaction value
$0
Shares
-18,365
Change %
-25%
Price
$0.000000
Shares after
55,097
Date
05 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
18,365
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Reflects shares of common stock, par vale $0.001 per share of SunPower Corporation ("the Company") granted upon settlement of previously awarded restricted stock units ("RSUs").

Footnote F2

These RSUs were granted on July 11, 2023 in connection with a grant that vests in four equal installments.

Footnote F3

The remaining installments of RSUs were scheduled to vest on June 5, 2025, June 5, 2026 and June 5, 2027; however, in connection with the Reporting Person's termination of employment, the board of directors of the Company approved certain acceleration and forfeitures of the Reporting Person's remaining RSUs, which will be settled at a later date.

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