SEC Form 4 · accession 0001636083-15-000001
Solar Power, Inc. · SOPW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Xiaofeng Pen
Director
Period of report
Jun 3, 2014
Accepted (ET)
Mar 18, 2015 · 5:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001210618
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 12, 2015 | A | 12,000,000 | $0.00 | A | 12,200,000 | D | |
| Common Stock | Feb 2, 2015 | J | 12,200,000 | $0.00 | D | 0 | D | |
| Common Stock | Feb 2, 2015 | J | 12,200,000 | $0.00 | A | 12,200,000 | I | By LDK New Energy Inc. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option, right to buyF2 | $0.31 | Jun 3, 2014 | A | 4,000,000 | A | Jun 3, 2015 | Jun 3, 2019 | Common Stock | 4,000,000 | 4,000,000 | D |
| Option, right to buy | $0.31 | Feb 2, 2015 | J | 4,000,000 | D | Jun 3, 2015 | Jun 3, 2019 | Common Stock | 4,000,000 | 0 | D |
| Option, right to buy | $0.31 | Feb 2, 2015 | J | 4,000,000 | A | Jun 3, 2015 | Jun 3, 2019 | Common Stock | 4,000,000 | 4,000,000 | I |
Explanation of responses
- F1Transfer of 3,000,000 shares of Common Stock of Solar Power, Inc. ("Common Stock") to LDK New Energy Inc. which is the reporting person's wholly owned corporation.
- F2The shares underlying the option vest in four equal installments over four years commencing on June 3, 2015.
- F3Transfer of options representing 4,000,000 shares of Common Stock of Solar Power, Inc. to LDK New Energy Inc., which is the reporting person's wholly owned corporation.