Markus Gloeckler - Aug 17, 2022 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Signature
/s/ Jason E. Dymbort, attorney-in-fact
Stock symbol
FSLR
Transactions as of
Aug 17, 2022
Transactions value $
-$155,056
Form type
4
Date filed
8/19/2022, 04:03 PM
Previous filing
Jul 29, 2022
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLR Common Stock Sale -$55K -478 -25.82% $115.14 1.37K Aug 17, 2022 Direct F1
transaction FSLR Common Stock Options Exercise $0 +844 +61.47% $0.00 2.22K Aug 17, 2022 Direct F2
transaction FSLR Common Stock Tax liability -$44.8K -379 -17.1% $118.22 1.84K Aug 17, 2022 Direct F3
transaction FSLR Common Stock Sale -$55.2K -465 -25.3% $118.74 1.37K Aug 18, 2022 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 FSLR Restricted Stock Units Options Exercise $0 -844 -50.03% $0.00 843 Aug 17, 2022 Common Stock 844 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on August 13, 2021.
F2 Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on August 15, 2019.
F3 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
F4 Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2015 Omnibus Incentive Compensation Plan.
F5 The restricted stock units were granted on August 15, 2019 as a performance recognition grant. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.