SEC Form 4 · accession 0001127602-15-011179

· CY

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

Reporting owner

Director

Period of report

Mar 11, 2015

Accepted (ET)

Mar 12, 2015 · 8:20 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000791915

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1	Mar 11, 2015	M	27,470	$2.91	A	215,193	D
Common Stock^F1	Mar 11, 2015	D	5,204	$15.58	D	209,989	D
Common Stock^F2	Mar 11, 2015	M	43,950	$4.1673	A	253,939	D
Common Stock^F2	Mar 11, 2015	D	11,922	$15.58	D	242,017	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non Qualified Stock Option (Right to Buy)^F1,F3	$2.91	Mar 11, 2015	M	27,470	D	Apr 29, 2010	Apr 29, 2015	Common Stock	27,470	0	D
Non Qualified Stock Option (Right to Buy)^F2,F4	$4.1673	Mar 11, 2015	M	43,950	D	May 1, 2011	May 1, 2016	Common Stock	43,950	0	D

F1Mr. Long was granted an option to purchase 82,404 shares on April 29, 2005 as adjusted for the SunPower spin-off in 2008. Since this option will expire on April 29, 2015, Mr. Long had to exercise the remaining vested and unexercised portion of the option prior to that date. 5,204 shares were sold to pay for the exercise price. The net amount of 22,266 shares will be held by Mr. Long and will increase his total ownership (direct and indirect) to 209,989 shares.
F2Mr. Long was granted an option to purchase 82,404 shares on May 1, 2006 as adjusted for the SunPower spin-off in 2008. Since this option will expire on May 1, 2016, Mr. Long had to exercise the remaining vested and unexercised portion of the option prior to that date. 11,922 shares were sold to pay for the exercise price. The net amount of 32,028 shares will be held by Mr. Long and will increase his total ownership (direct and indirect) to 242,017 shares.
F3The option vested at the rate of 1/60th each month over five years commencing April 29, 2005.
F4The option vested at the rate of 1/60th each month over five years commencing May 1, 2006.