SEC Form 4 · accession 0001246360-16-007082
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
Nov 1, 2016
Accepted (ET)
Nov 3, 2016 · 8:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000867773
Table I — non-derivative securities
No Table I lines on this filing.
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,F3 | $0.00 | Nov 1, 2016 | A | 50,000 | A | Nov 1, 2017 | Nov 1, 2020 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- F2The RSUs shall vest in four equal installments on each of Nov 1, 2017, Nov 1, 2018, Nov 1, 2019, and Nov 1, 2020.
- F3The RSUs shall vest in four equal installments on each of Nov 1, 2017, Nov 1, 2018, Nov 1, 2019 and Nov 1, 2020.