Gaffney John T 4
4 · FIRST SOLAR, INC. · Filed Apr 29, 2009
Insider Transaction Report
Form 4
Gaffney John T
Executive VP
Transactions
- Award
Restricted Stock Units
2009-04-27+6,409→ 6,409 total→ Common Stock (6,409 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's Amended and Restated 2006 Omnibus Incentive Plan.
- [F2]The restricted stock units were granted on April 27, 2009 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 20% on each of the first three anniversaries of the grant date, and 40% on the fourth anniversary of the grant date.