Gaffney John T 4
4 · FIRST SOLAR, INC. · Filed Oct 2, 2009
Insider Transaction Report
Form 4
Gaffney John T
Executive VP
Transactions
- Tax Payment
Common Stock
2009-09-30$152.86/sh−635$97,066→ 9,272 total - Exercise/Conversion
Common Stock
2009-09-30+1,311→ 9,907 total - Exercise/Conversion
Restricted Stock Units
2009-09-30−1,311→ 17,032 total→ Common Stock (1,311 underlying)
Footnotes (4)
- [F1]Represents shares of common stock issued upon vesting of 1/20th of the restricted stock units granted on December 31, 2007.
- [F2]Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of the restricted stock units.
- [F3]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.
- [F4]The units are scheduled to vest in 20 equal quarterly installments commencing on March 31, 2008.