SEC Form 4 · accession 0000899243-16-015225
SUNPOWER CORP · SPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Marie Bodensteiner
Officer — EVP and General Counsel
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 5:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000867773
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 1, 2016 | M | 22,883 | $0.00 | A | 38,883 | D | |
| Common Stock | Mar 1, 2016 | M | 16,667 | $0.00 | A | 55,550 | D | |
| Common Stock | Mar 1, 2016 | M | 5,554 | $0.00 | A | 61,104 | D | |
| Common Stock | Mar 1, 2016 | M | 4,467 | $0.00 | A | 65,571 | D | |
| Common Stock | Mar 1, 2016 | M | 4,466 | $0.00 | A | 70,037 | D | |
| Common Stock | Mar 1, 2016 | M | 4,702 | $0.00 | A | 74,739 | D | |
| Common Stock | Mar 1, 2016 | M | 466 | $0.00 | A | 75,205 | D | |
| Common Stock | Mar 1, 2016 | F | 8,600 | $23.68 | D | 66,605 | D | |
| Common Stock | Mar 1, 2016 | F | 2,899 | $23.68 | D | 63,706 | D | |
| Common Stock | Mar 1, 2016 | F | 2,454 | $23.68 | D | 61,252 | D | |
| Common Stock | Mar 1, 2016 | F | 244 | $23.68 | D | 61,008 | D | |
| Common Stock | Mar 1, 2016 | F | 7,798 | $23.68 | D | 53,210 | D | |
| Common Stock | Mar 1, 2016 | F | 2,331 | $23.68 | D | 50,879 | D | |
| Common Stock | Mar 1, 2016 | F | 2,331 | $23.68 | D | 48,548 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock Units (PSUs)F1,F2 | — | Mar 1, 2016 | M | 22,883 | D | — | — | Common Stock | 22,883 | 0 | D |
| Restricted Stock Units (RSUs)F4,F5 | — | Mar 1, 2016 | M | 16,667 | D | — | — | Common Stock | 16,667 | 0 | D |
| Performance-Based Restricted Stock Units (PSUs)F1,F6 | — | Mar 1, 2016 | M | 5,554 | D | — | — | Common Stock | 5,554 | 5,554 | D |
| Restricted Stock Units (RSUs)F4,F7 | — | Mar 1, 2016 | M | 4,467 | D | — | — | Common Stock | 4,467 | 4,466 | D |
| Restricted Stock Units (RSUs)F4,F8 | — | Mar 1, 2016 | M | 4,466 | D | — | — | Common Stock | 4,466 | 8,934 | D |
| Performance-Based Restricted Stock Units (PSUs)F1,F9 | — | Mar 1, 2016 | M | 4,702 | D | — | — | Common Stock | 4,702 | 9,404 | D |
| Performance-Based Restricted Stock Units (PSUs)F1,F9 | — | Mar 1, 2016 | M | 466 | D | — | — | Common Stock | 466 | 934 | D |
Explanation of responses
- F1Each PSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F2The PSUs were earned based on performance in a prior year but were then subject to time-based vesting. The last vesting date for these PSUs was March 1, 2016.
- F3Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted stock shares.
- F4Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F5The last vesting date for these RSUs was March 1, 2016.
- F6The PSUs were earned based on performance in a prior year but were then subject to time-based vesting. The remaining portion of these PSUs will vest on March 1, 2017.
- F7The remaining portion of these RSUs will vest on March 1, 2017.
- F8The remaining portion of these RSUs will vest in installments on March 1, 2017 and March 1, 2018.
- F9The PSUs were earned based on performance in a prior year but were then subject to time-based vesting. The remaining portion of these PSUs will vest in installments on March 1, 2017 and March 1, 2018.