PAPE JAMES S 4
4 · SUNPOWER CORP · Filed Mar 2, 2011
Insider Transaction Report
Form 4
SUNPOWER CORPSPWRA
PAPE JAMES S
President, R & C
Transactions
- Exercise/Conversion
Class A Common Stock
2011-03-01+20,000→ 20,000 total - Tax Payment
Class A Common Stock
2011-03-01$17.23/sh−7,435$128,105→ 12,565 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2011-03-01−20,000→ 40,000 total→ Class A Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Disposition of shares exempt under Rule 16b-3 as payment of tax liability to Company by delivery or withholding securities incident to vesting of restricted stock shares.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.
- [F3]The RSUs vest in three equal installments on each of March 1, 2011, March 1, 2012 and March 1, 2013.