Brown James G. Jr. 4
4 · FIRST SOLAR, INC. · Filed Mar 26, 2013
Insider Transaction Report
Form 4
Brown James G. Jr.
President, Util. Sys. Bus.
Transactions
- Tax Payment
Common Stock
2013-03-24$28.85/sh−371$10,703→ 5,501 total - Exercise/Conversion
Restricted Stock Units
2013-03-22−2,500→ 5,000 total→ Common Stock (2,500 underlying) - Tax Payment
Common Stock
2013-03-22$28.85/sh−622$17,945→ 3,296 total - Exercise/Conversion
Restricted Stock Units
2013-03-24−1,001→ 2,002 total→ Common Stock (1,001 underlying) - Tax Payment
Common Stock
2013-03-22$28.85/sh−925$26,686→ 4,871 total - Exercise/Conversion
Common Stock
2013-03-22+2,500→ 5,796 total - Exercise/Conversion
Common Stock
2013-03-24+1,001→ 5,872 total - Exercise/Conversion
Common Stock
2013-03-22+1,680→ 3,918 total - Exercise/Conversion
Restricted Stock Units
2013-03-22−1,680→ 3,360 total→ Common Stock (1,680 underlying)
Footnotes (7)
- [F1]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 22, 2011
- [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 20% of the restricted stock units granted on March 24, 2010.
- [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 2010 Omnibus Incentive Compensation Plan.
- [F5]The restricted stock units were granted on March 22, 2011. These units are scheduled to vest at a rate of 25% per year, commencing on the first anniversary of the grant date.
- [F6]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.
- [F7]The restricted stock units were granted on March 24, 2010. 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.