MEYERHOFF JENS 4
4 · FIRST SOLAR, INC. · Filed Aug 9, 2011
Insider Transaction Report
Form 4
MEYERHOFF JENS
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2011-08-05$105.43/sh−1,912$201,582→ 17,368 total - Exercise/Conversion
Common Stock
2011-08-05+4,600→ 19,280 total - Exercise/Conversion
Restricted Stock Units
2011-08-05−4,600→ 10,400 total→ Common Stock (4,600 underlying)
Footnotes (3)
- [F1]Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of the restricted stock units.
- [F2]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.
- [F3]The restricted stock units were granted on July 1, 2010 and have vested or shall vest in tranches, each contingent upon the achievement of pre-established performance metrics over a two-year period beginning on the grant date and ending on the second anniversary of the grant date.