SEC Form 4 · accession 0001127602-16-059786
FIRST SOLAR, INC. · FSLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark R Widmar
Officer — Chief Executive Officer · Director
Period of report
Aug 4, 2016
Accepted (ET)
Aug 8, 2016 · 7:59 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 4, 2016 | S | 90,289 | $44.53 | D | 131,193 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock sold by the reporting person to satisfy certain tax withholding obligations associated with the issuance of common stock relating to the vesting of KSTEPP performance units, as described in the Form 4 filed by the reporting person with the Securities and Exchange Commission on July 25, 2016. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on November 11, 2014.
- F2This transaction was executed in multiple trades at prices ranging from $42.78 to $49.48. The price reported above reflects the weighted average sale price for the transactions reported on this line.