Manavendra Sial - May 5, 2022 Form 4 Insider Report for SUNPOWER CORP (SPWR)

Role
EVP and CFO
Signature
Lauren Walz, as Attorney-in-Fact for Manavendra Sial
Stock symbol
SPWR
Transactions as of
May 5, 2022
Transactions value $
-$174,128
Form type
4
Date filed
5/9/2022, 04:17 PM
Previous filing
Mar 18, 2022
Next filing
Aug 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPWR Common Stock Options Exercise $0 +26.2K +44.3% $0.00 85.4K May 5, 2022 Direct
transaction SPWR Common Stock Tax liability -$174K -9.63K -11.27% $18.08 75.8K May 5, 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 SPWR Restricted Stock Units (RSUs) Options Exercise $0 -26.2K -100% $0.00* 0 May 5, 2022 Common Stock 26.2K 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 16b-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 This is the final installment to vest