FIRST SOLAR, INC. 4
4 · FIRST SOLAR, INC. · Filed Mar 8, 2016
Insider Transaction Report
Form 4
Kishkill Joseph
Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
2016-03-05+2,993→ 32,150 total - Exercise/Conversion
Restricted Stock Units
2016-03-05−2,993→ 8,976 total→ Common Stock (2,993 underlying) - Tax Payment
Common Stock
2016-03-05$69.52/sh−718$49,915→ 31,432 total - Exercise/Conversion
Restricted Stock Units
2016-03-05−2,623→ 5,245 total→ Common Stock (2,623 underlying) - Exercise/Conversion
Common Stock
2016-03-05+2,623→ 29,157 total - Tax Payment
Common Stock
2016-03-05$69.52/sh−819$56,937→ 30,613 total
Footnotes (6)
- [F1]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 5, 2014.
- [F2]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 5, 2015.
- [F3]Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
- [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 5, 2014 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.
- [F6]The restricted stock units were granted on March 5, 2015 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.