Filing Details
- Accession Number:
- 0001246360-16-004680
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-02-24 21:56:09
- Reporting Period:
- 2016-02-22
- Filing Date:
- 2016-02-24
- Accepted Time:
- 2016-02-24 21:56:09
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
867773 | Sunpower Corp | SPWR | Semiconductors & Related Devices (3674) | 943008969 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1213272 | Marie Lisa Bodensteiner | 77 Rio Robles San Jose CA 95134 | Evp & General Counsel | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2016-02-23 | 11,079 | $20.99 | 16,000 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Performance-Based Restricted Stock Units (PSUs) | Acquisiton | 2016-02-22 | 15,506 | $0.00 | 15,506 | $0.00 |
Common Stock | Restricted Stock Units (RSUs) | Acquisiton | 2016-02-22 | 16,700 | $0.00 | 16,700 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
15,506 | No | 4 | A | Direct | ||
16,700 | No | 4 | A | Direct |
Footnotes
- Each PSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- On each of February 23, 2015 and March 20, 2015, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain performance criteria. The Compensation Committee of the Issuer's Board of Directors confirmed achievement of the performance criteria on February 22, 2016 and, based on that assessment, determined the number of PSUs. The PSUs vest in three equal installments on each of March 1, 2016, March 1, 2017, and March 1, 2018.
- Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- The RSUs shall vest in four equal installments on each of March 1, 2017, March 1, 2018, March 1, 2019 and March 1, 2020.
- The sale reported on this Form 4 was effected pursuant to a previously adopted rule 10b5-1 trading plan by the Reporting Person.
- The price that corresponds to this number of shares is the weighted average sales price; actual sales prices ranged from $20.4299 to $21.6400. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.