SEC Form 4 · accession 0001209191-19-017204
SUNPOWER CORP · SPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vichheka Heang
Officer — Principal Accounting Officer
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 9:09 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, 2019 | M | 2,497 | $0.00 | A | 7,372 | D | |
| Common Stock | Mar 1, 2019 | M | 1,872 | $0.00 | A | 9,244 | D | |
| Common Stock | Mar 1, 2019 | F | 1,021 | $6.47 | D | 8,223 | D | |
| Common Stock | Mar 1, 2019 | F | 753 | $6.47 | D | 7,470 | 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, 2019 | M | 2,497 | D | — | — | Common Stock | 2,497 | 7,493 | D |
| Restricted Stock Units (RSUs)F2,F3 | — | Mar 1, 2019 | M | 1,872 | D | — | — | Common Stock | 1,872 | 5,618 | 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 shares.
- F2Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F3The remaining RSUs shall vest in installments of March 1, 2020, March 1, 2021 and March 1, 2022.
Remarks
Lauren Walz, as attorney-in-fact for Vichheka Heang