Kallenbach T.L. 4
4 · FIRST SOLAR, INC. · Filed Dec 16, 2011
Insider Transaction Report
Form 4
Kallenbach T.L.
EVP, Marketing & Prod. Mgmt.
Transactions
- Tax Payment
Common Stock
2011-12-14$33.45/sh−884$29,570→ 7,792 total - Exercise/Conversion
Common Stock
2011-12-14+3,030→ 8,676 total - Exercise/Conversion
Restricted Stock Units
2011-12-14−3,030→ 9,087 total→ Common Stock (3,030 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.
- [F3]The units are scheduled to vest annually from the grant date at a rate of 20% on each of the first three anniversaries of the grant date, with the remaining 40% scheduled to vest on the fourth anniversary of the grant date.