SEC Form 4 · accession 0001246360-15-002951
SUNPOWER CORP · SPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Branderiz
Officer — SVP & Prin Acct Off
Period of report
Aug 15, 2015
Accepted (ET)
Aug 18, 2015 · 5:35 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 | Aug 15, 2015 | M | 4,334 | $0.00 | A | 4,334 | D | |
| Common Stock | Aug 15, 2015 | F | 1,965 | $25.09 | D | 2,369 | 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 | — | Aug 15, 2015 | M | 4,334 | D | — | — | Common Stock | 4,334 | 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 vest in three equal installments on each of August 15, 2013, August 15, 2014, and August 15, 2015.
- 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.