Campbell Carol 4
4 · FIRST SOLAR, INC. · Filed Apr 8, 2013
Insider Transaction Report
Form 4
Campbell Carol
EVP, Human Resources
Transactions
- Tax Payment
Common Stock
2013-04-04$26.46/sh−2,132$56,413→ 11,283 total - Tax Payment
Common Stock
2013-04-04$26.46/sh−2,706$71,601→ 16,916 total - Exercise/Conversion
Restricted Stock Units
2013-04-04−8,339→ 12,508 total→ Common Stock (8,339 underlying) - Exercise/Conversion
Common Stock
2013-04-04+6,570→ 13,415 total - Exercise/Conversion
Common Stock
2013-04-04+8,339→ 19,622 total - Exercise/Conversion
Restricted Stock Units
2013-04-04−6,570→ 19,708 total→ Common Stock (6,570 underlying)
Footnotes (6)
- [F1]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on April 4, 2012.
- [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 4, 2012.
- [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 April 4, 2012 as part of the issuer's annual equity grant to executive officers. These units are scheduled to vest at a rate of 25% per year, commencing on the first anniversary of the grant date.
- [F6]The restricted stock units were granted on April 4, 2012 for retention purposes. The units are scheduled to vest annually from the grant date at a rate of 40% on the first anniversary of the grant date, with 20% scheduled to vest on each of the remaining three anniversaries of the grant date.