Brown James G. Jr. 4
4 · FIRST SOLAR, INC. · Filed May 1, 2012
Insider Transaction Report
Form 4
Brown James G. Jr.
President, Util. Sys. Bus.
Transactions
- Exercise/Conversion
Common Stock
2012-04-27+176→ 3,467 total - Exercise/Conversion
Common Stock
2012-04-28+1,681→ 5,084 total - Exercise/Conversion
Restricted Stock Units
2012-04-27−176→ 352 total→ Common Stock (176 underlying) - Exercise/Conversion
Restricted Stock Units
2012-04-28−1,681→ 0 total→ Common Stock (1,681 underlying) - Tax Payment
Common Stock
2012-04-27$18.35/sh−64$1,174→ 3,403 total - Tax Payment
Common Stock
2012-04-28$18.35/sh−607$11,138→ 4,477 total
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 40% 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. 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. 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.