Sohn Bruce 4
4 · FIRST SOLAR, INC. · Filed Apr 29, 2011
Insider Transaction Report
Form 4
Sohn Bruce
DirectorPresident
Transactions
- Exercise/Conversion
Common Stock
2011-04-28+1,582→ 28,549 total - Exercise/Conversion
Restricted Stock Units
2011-04-28−1,582→ 3,165 total→ Common Stock (1,582 underlying) - Tax Payment
Common Stock
2011-04-28$138.39/sh−620$85,802→ 27,929 total - Exercise/Conversion
Common Stock
2011-04-27+2,410→ 27,911 total - Tax Payment
Common Stock
2011-04-27$138.59/sh−944$130,829→ 26,967 total - Exercise/Conversion
Restricted Stock Units
2011-04-27−2,410→ 7,228 total→ Common Stock (2,410 underlying)
Footnotes (6)
- [F1]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on April 27, 2009.
- [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]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on April 28, 2008.
- [F4]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 Compensation Plan.
- [F5]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.
- [F6]The restricted stock units were granted on April 28, 2008 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.