SEC Form 4 · accession 0001127602-18-011000

FIRST SOLAR, INC. · FSLR

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

Reporting owner

Officer — Chief Financial Officer

Period of report

Mar 7, 2018

Accepted (ET)

Mar 9, 2018 · 5:08 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
Common Stock^F1	Mar 7, 2018	M	5,364	$0.00	A	6,316	D
Common Stock^F2	Mar 7, 2018	F	2,445	$67.95	D	3,871	D
Common Stock^F3	Mar 8, 2018	M	972	$0.00	A	4,843	D
Common Stock^F2	Mar 8, 2018	F	518	$67.69	D	4,325	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F5	—	Mar 7, 2018	M	5,364	D	—	—	Common Stock	5,364	16,089	D
Restricted Stock Units^F4,F6	—	Mar 8, 2018	M	972	D	—	—	Common Stock	972	1,944	D

F1Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 7, 2017.
F2Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
F3Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 8, 2016.
F4Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2015 Omnibus Incentive Compensation Plan.
F5The restricted stock units were granted on March 7, 2017 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
F6The restricted stock units were granted on March 8, 2016. These units are scheduled to vest at a rate of 25% per year, commencing on the first anniversary of the grant date.