Brown James G. Jr. 4
4 · FIRST SOLAR, INC. · Filed Mar 14, 2013
Insider Transaction Report
Form 4
Brown James G. Jr.
President, Util. Sys. Bus.
Transactions
- Award
Restricted Stock Units
2013-03-13+18,588→ 18,588 total→ Common Stock (18,588 underlying)
Footnotes (2)
- [F1]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.
- [F2]The restricted stock units were granted on March 13, 2013 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.