Sohn Bruce 4

Accession 0001127602-11-014459

CIK 0001274494other

View on SEC.gov Company Profile

Filed

May 1, 8:00 PM ET

Accepted

May 2, 8:25 PM ET

Size

38.5 KB

Accession

0001127602-11-014459

Insider Transaction Report

Form 4

Period: 2011-04-30

FIRST SOLAR, INC.FSLR

Sohn Bruce

DirectorPresident

Transactions

Tax Payment
Common Stock
2011-04-30$139.57/sh−743$103,701→ 29,082 total
Exercise/Conversion
Restricted Stock Units
2011-04-30−2,409→ 0 total
→ Common Stock (2,409 underlying)
Exercise/Conversion
Common Stock
2011-04-30+1,896→ 29,825 total
Exercise/Conversion
Common Stock
2011-04-30+3,072→ 32,154 total
Tax Payment
Common Stock
2011-04-30$139.57/sh−1,566$218,567→ 36,777 total
Exercise/Conversion
Restricted Stock Units
2011-04-30−1,896→ 0 total
→ Common Stock (1,896 underlying)
Exercise/Conversion
Common Stock
2011-04-30+3,165→ 35,582 total
Exercise/Conversion
Common Stock
2011-04-30+2,409→ 33,361 total
Exercise/Conversion
Common Stock
2011-04-30+4,000→ 38,343 total
Exercise/Conversion
Restricted Stock Units
2011-04-30−8,000→ 0 total
→ Common Stock (8,000 underlying)
Exercise/Conversion
Restricted Stock Units
2011-04-30−3,072→ 0 total
→ Common Stock (3,072 underlying)
Tax Payment
Common Stock
2011-04-30$139.57/sh−944$131,754→ 32,417 total
Tax Payment
Common Stock
2011-04-30$139.57/sh−1,202$167,763→ 30,952 total
Tax Payment
Common Stock
2011-04-30$139.57/sh−3,132$437,133→ 41,645 total
Exercise/Conversion
Restricted Stock Units
2011-04-30−3,165→ 0 total
→ Common Stock (3,165 underlying)
Tax Payment
Common Stock
2011-04-30$139.57/sh−1,239$172,927→ 34,343 total
Exercise/Conversion
Common Stock
2011-04-30+8,000→ 44,777 total
Exercise/Conversion
Restricted Stock Units
2011-04-30−4,000→ 0 total
→ Common Stock (4,000 underlying)

Footnotes (15)

[F1]Represents shares of common stock issued upon accelerated vesting of certain restricted stock units granted on March 22, 2011 pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F10]The restricted stock units were granted on March 22, 2011 as part of the Issuer's annual equity grant to executive officers. The units were scheduled to vest annually at a rate of 25% on each of the first four anniversies of the grant date. Twelve months of vesting occurred on April 30, 2011, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F11]The restricted stock units were granted on March 24, 2010 as part of the Issuer's annual equity grant to executive officers. The units were 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. Twelve months of vesting occurred on April 30, 2011, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F12]The restricted stock units were granted on April 27, 2009 as part of the Issuer's annual equity grant to executive officers. The units were 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. Twelve months of vesting occurred on April 30, 2011, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F13]The restricted stock units were granted on April 28, 2008 as part of the Issuer's annual equity grant to executive officers. The units were 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. Twelve months of vesting occurred on April 30, 2011, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F14]The restricted stock units were granted on August 16, 2007 as part of the Issuer's annual equity grant to executive officers. The units were 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. Twelve months of vesting occurred on April 30, 2011, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F15]The restricted stock units were granted on July 30, 2007 as part of the Issuer's annual equity grant to executive officers. The units were 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. Twelve months of vesting occurred on April 30, 2011, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[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 accelerated vesting of certain restricted stock units granted on March 24, 2010 pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F4]Represents shares of common stock issued upon accelerated vesting of certain restricted stock units granted on April 27, 2009 pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F5]Represents shares of common stock issued upon accelerated vesting of certain restricted stock units granted on April 28, 2008 pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F6]Represents shares of common stock issued upon accelerated vesting of certain restricted stock units granted on August 16, 2007 pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F7]Represents shares of common stock issued upon accelerated vesting of certain restricted stock units granted on July 30, 2007 pursuant to the terms of the Reporting Person's Amended and Restated Employment Agreement.
[F8]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.
[F9]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.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT

Issuer

FIRST SOLAR, INC.

CIK 0001274494

→

Entity typeother

Related Parties

filerCIK 0001381086

Filing Metadata

Form type: 4
Filed: May 1, 8:00 PM ET
Accepted: May 2, 8:25 PM ET
Size: 38.5 KB

View on SEC.gov