FIRST SOLAR, INC. 4

Accession 0001127602-16-057380

$FSLRCIK 0001274494operating

View on SEC.gov Company Profile

Filed

Jul 4, 8:00 PM ET

Accepted

Jul 5, 7:56 PM ET

Size

26.3 KB

Accession

0001127602-16-057380

Insider Transaction Report

Form 4

Period: 2016-06-30

FIRST SOLAR, INC.FSLR

Kishkill Joseph

Chief Commercial Officer

Transactions

Exercise/Conversion
Restricted Stock Units
2016-06-30−2,623→ 2,622 total
→ Common Stock (2,623 underlying)
Exercise/Conversion
Restricted Stock Units
2016-06-30−2,992→ 5,984 total
→ Common Stock (2,992 underlying)
Exercise/Conversion
Restricted Stock Units
2016-06-30−4,498→ 13,493 total
→ Common Stock (4,498 underlying)
Exercise/Conversion
Common Stock
2016-06-30+2,942→ 33,024 total
Exercise/Conversion
Common Stock
2016-06-30+4,498→ 43,137 total
Exercise/Conversion
Restricted Stock Units
2016-06-30−2,942→ 2,942 total
→ Common Stock (2,942 underlying)
Tax Payment
Common Stock
2016-06-30$48.48/sh−987$47,850→ 41,345 total
Exercise/Conversion
Common Stock
2016-06-30+2,623→ 35,647 total
Tax Payment
Common Stock
2016-06-30$48.48/sh−805$39,026→ 42,332 total
Tax Payment
Common Stock
2016-06-30$48.48/sh−1,256$60,891→ 40,089 total
Exercise/Conversion
Common Stock
2016-06-30+2,992→ 38,639 total
Tax Payment
Common Stock
2016-06-30$48.48/sh−1,887$91,482→ 38,202 total

Footnotes (11)

[F1]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on September 9, 2013.
[F10]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.
[F11]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. Twelve months of vesting occurred on June 30, 2016, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Employment Agreement.
[F2]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 5, 2014.
[F3]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 5, 2015.
[F4]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 8, 2016.
[F5]Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
[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 2010 Omnibus Incentive Compensation Plan.
[F7]The restricted stock units were granted on September 9, 2013 pursuant to the Reporting Person's Employment Agreement. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date. Twelve months of vesting occurred on June 30, 2016, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Employment Agreement.
[F8]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. Twelve months of vesting occurred on June 30, 2016, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Employment Agreement.
[F9]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. Twelve months of vesting occurred on June 30, 2016, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Employment Agreement.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT

Issuer

FIRST SOLAR, INC.

CIK 0001274494

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0001274494

Filing Metadata

Form type: 4
Filed: Jul 4, 8:00 PM ET
Accepted: Jul 5, 7:56 PM ET
Size: 26.3 KB

View on SEC.gov