SEC Form 4 · accession 0001127602-16-035842
FIRST SOLAR, INC. · FSLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Brian Rebhorn
Officer — SVP, Corp Dev & Strategic Mktg
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 4:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001274494
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2015 | M | 3,645 | $0.00 | A | 29,932 | D | |
| Common StockF2 | Dec 31, 2015 | F | 1,530 | $65.99 | D | 28,402 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Dec 31, 2015 | M | 3,645 | D | — | — | Common Stock | 3,645 | 3,645 | D |
Explanation of responses
- F1Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on December 31, 2012.
- F2Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of the restricted stock units.
- F3Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2010 Omnibus Incentive Compensation Plan.
- F4The restricted stock units were granted on December 31, 2012. These units vest at a rate of 25% per year, commencing on the first anniversary date of the grant date.