SEC Form 4 · accession 0000899243-16-028536
SUNPOWER CORP · SPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas H Werner
Officer — Director, Pres and CEO · Director
Period of report
Sep 1, 2016
Accepted (ET)
Sep 6, 2016 · 4:08 pm EDT
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 | Sep 1, 2016 | M | 125,278 | $0.00 | A | 461,596 | D | |
| Common Stock | Sep 1, 2016 | F | 65,371 | $10.10 | D | 396,225 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSUs)F1,F2 | — | Sep 1, 2016 | M | 125,278 | D | — | — | Common Stock | 125,278 | 0 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F2The RSUs vested on September 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.