Kallenbach T.L. 4
4 · FIRST SOLAR, INC. · Filed Mar 24, 2011
Insider Transaction Report
Form 4
Kallenbach T.L.
EVP, Marketing & Prod. Mgmt.
Transactions
- Award
Restricted Stock Units
2011-03-22+7,583→ 7,583 total→ Common Stock (7,583 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 2010 Omnibus Incentive Compensation Plan.
- [F2]The restricted stock units were granted on March 22, 2011 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest at a rate of 25% per year, commencing on the first anniversary of the grant date.