MEYERHOFF JENS 4
4 · FIRST SOLAR, INC. · Filed Aug 17, 2011
Insider Transaction Report
Form 4
MEYERHOFF JENS
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2011-08-16+3,600→ 20,968 total - Exercise/Conversion
Restricted Stock Units
2011-08-16−3,600→ 0 total→ Common Stock (3,600 underlying) - Tax Payment
Common Stock
2011-08-16$104.46/sh−1,496$156,272→ 19,472 total
Footnotes (4)
- [F1]Represents shares of common stock issued upon vesting of 40% of the restricted stock units granted on August 16, 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 Compensation Plan.
- [F4]The restricted stock units were granted on August 16, 2007. 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.