FIRST SOLAR, INC. 4
4 · FIRST SOLAR, INC. · Filed Mar 10, 2016
Insider Transaction Report
Form 4
Kishkill Joseph
Chief Commercial Officer
Transactions
- Sale
Common Stock
2016-03-08$67.10/sh−531$35,630→ 30,082 total - Award
Restricted Stock Units
2016-03-08+17,991→ 17,991 total→ Common Stock (17,991 underlying)
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on August 31, 2015.
- [F2]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 2015 Omnibus Incentive Compensation Plan.
- [F3]The restricted stock units were granted on March 8, 2016 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.