SEC Form 4 · accession 0001209191-17-017607
SUNPOWER CORP · SPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Lawrence Mahaffey
Officer — EVP & General Counsel
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:35 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, 2017 | M | 1,630 | $0.00 | A | 71,374 | D | |
| Common Stock | Mar 1, 2017 | M | 920 | $0.00 | A | 72,294 | D | |
| Common Stock | Mar 1, 2017 | M | 2,927 | $0.00 | A | 75,221 | D | |
| Common Stock | Mar 1, 2017 | M | 833 | $0.00 | A | 76,054 | D | |
| Common Stock | Mar 1, 2017 | M | 2,125 | $0.00 | A | 78,179 | D | |
| Common Stock | Mar 1, 2017 | M | 600 | $0.00 | A | 78,779 | D | |
| Common Stock | Mar 1, 2017 | F | 714 | $8.40 | D | 78,065 | D | |
| Common Stock | Mar 1, 2017 | F | 403 | $8.40 | D | 77,662 | D | |
| Common Stock | Mar 1, 2017 | F | 1,228 | $8.40 | D | 76,434 | D | |
| Common Stock | Mar 1, 2017 | F | 306 | $8.40 | D | 76,128 | D | |
| Common Stock | Mar 1, 2017 | F | 780 | $8.40 | D | 75,348 | D | |
| Common Stock | Mar 1, 2017 | F | 221 | $8.40 | D | 75,127 | 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)F2,F3 | — | Mar 1, 2017 | M | 1,630 | D | — | — | Common Stock | 1,630 | 0 | D |
| Restricted Stock Units (RSUs)F2,F3 | — | Mar 1, 2017 | M | 920 | D | — | — | Common Stock | 920 | 0 | D |
| Restricted Stock Units (RSUs)F2,F4 | — | Mar 1, 2017 | M | 2,927 | D | — | — | Common Stock | 2,927 | 2,927 | D |
| Restricted Stock Units (RSUs)F2,F4 | — | Mar 1, 2017 | M | 833 | D | — | — | Common Stock | 833 | 834 | D |
| Restricted Stock Units (RSUs)F2,F5 | — | Mar 1, 2017 | M | 2,125 | D | — | — | Common Stock | 2,125 | 6,375 | D |
| Restricted Stock Units (RSUs)F2,F5 | — | Mar 1, 2017 | M | 600 | D | — | — | Common Stock | 600 | 1,800 | D |
Explanation of responses
- F1Disposition 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.
- F2Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F3The last vesting date for these RSUs was on March 1, 2017.
- F4The remaining portion of these RSUs will vest on March 1, 2018.
- F5The remaining RSUs shall vest in equal installments on each of March 1, 2018, March 1, 2019 and March 1, 2020.