Wessels Maja 4
4 · FIRST SOLAR, INC. · Filed Jul 31, 2012
Insider Transaction Report
Form 4
Wessels Maja
EVP, Global Public Affairs
Transactions
- Exercise/Conversion
Common Stock
2012-07-28+3,800→ 13,166 total - Tax Payment
Common Stock
2012-07-28$14.50/sh−1,199$17,386→ 11,967 total - Exercise/Conversion
Restricted Stock Units
2012-07-28−3,800→ 0 total→ Common Stock (3,800 underlying)
Footnotes (4)
- [F1]Represents shares of common stock issued upon vesting of 40% of the restricted stock units granted on July 28, 2008.
- [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 July 28, 2008. The units were 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.