SEC Form 4 · accession 0001209191-17-064563
SUNPOWER CORP · SPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William P Mulligan III
Officer — EVP, Global Operations
Period of report
Dec 5, 2017
Accepted (ET)
Dec 7, 2017 · 7:33 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 | Dec 5, 2017 | M | 5,000 | $0.00 | A | 39,385 | D | |
| Common Stock | Dec 5, 2017 | F | 1,880 | $7.45 | D | 37,505 | D | |
| Common Stock | holding | — | — | — | 2,000 | I | By Wife |
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 | — | Dec 5, 2017 | M | 5,000 | D | — | — | Common Stock | 5,000 | 5,000 | 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 remaining portion of these RSUs will vest on December 5, 2018.