SEC Form 4 · accession 0001246360-16-007164
SUNPOWER CORP · SPWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas R McDaniel
Director
Period of report
Nov 11, 2016
Accepted (ET)
Nov 15, 2016 · 12:14 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 | Nov 11, 2016 | M | 11,539 | $0.00 | A | 11,655 | 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 | $0.00 | Nov 11, 2016 | A | 11,539 | A | — | — | Common Stock | 11,539 | 11,539 | D |
| Restricted Stock Units (RSUs)F1,F2 | $0.00 | Nov 11, 2016 | M | 11,539 | D | — | — | Common Stock | 11,539 | 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 were automatically granted and vested immediately on November 11, 2016 under the non-employee director compensation policy approved and adopted by Issuer's Board of Directors on July 22, 2015.