SEC Form 4 · accession 0001127602-16-047377

FIRST SOLAR, INC. · FSLR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Accounting Officer

Period of report

Mar 21, 2016

Accepted (ET)

Mar 23, 2016 · 6:40 pm EDT

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
Common Stock^F1	Mar 21, 2016	M	3,138	$0.00	A	5,973	D
Common Stock^F2	Mar 21, 2016	F	972	$71.24	D	5,001	D
Common Stock^F3,F4	Mar 22, 2016	S	5,001	$70.64	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F5,F6	—	Mar 21, 2016	M	3,138	D	—	—	Common Stock	3,138	0	D

F1Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 21, 2012.
F2Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
F3This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on August 20, 2015.
F4This transaction was executed in multiple trades at prices ranging from $70.36 to $71.17. The price reported above reflects the weighted average sales price for the transactions reported on this line.
F5Each 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.
F6The restricted stock units were granted on March 21, 2012. These units are scheduled to vest at a rate of 25% per year, commencing on the first anniversary of the grant date.