Jeffers Byron Michael 4
4 · FIRST SOLAR, INC. · Filed Mar 17, 2023
Insider Transaction Report
Form 4
Jeffers Byron Michael
CAO, Interim
Transactions
- Exercise/Conversion
Common Stock
2023-03-15+327→ 327 total - Tax Payment
Common Stock
2023-03-15$203.22/sh−88$17,883→ 239 total - Sale
Common Stock
2023-03-16$202.40/sh−239$48,374→ 0 total - Exercise/Conversion
Restricted Stock Units
2023-03-15−327→ 1,308 total→ Common Stock (327 underlying)
Footnotes (5)
- [F1]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 15, 2022.
- [F2]Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
- [F3]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on May 5, 2022.
- [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 2020 Omnibus Incentive Compensation Plan.
- [F5]The restricted stock units were granted on March 15, 2022 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.