4//SEC Filing
PAPE JAMES S 4
Accession 0001140361-11-052330
CIK 0000867773other
Filed
Nov 7, 7:00 PM ET
Accepted
Nov 8, 4:56 PM ET
Size
18.5 KB
Accession
0001140361-11-052330
Insider Transaction Report
Form 4
SUNPOWER CORPSPWRA
PAPE JAMES S
President, R & C
Transactions
- Exercise/Conversion
Class A Common Stock
2011-11-04+52,501→ 52,501 total - Exercise/Conversion
Performance-Based Restricted Stock Units (PSUs)
2011-11-04−52,501→ 0 total→ Class A Common Stock (52,501 underlying) - Tax Payment
Class A Common Stock
2011-11-04$8.76/sh−29,325$256,887→ 73,667 total - Tax Payment
Class A Common Stock
2011-11-04$8.76/sh−24,509$214,699→ 27,992 total - Exercise/Conversion
Class A Common Stock
2011-11-04+75,000→ 102,992 total - Award
Performance-Based Restricted Stock Units (PSUs)
2011-11-04+52,501→ 52,501 total→ Class A Common Stock (52,501 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
2011-11-04−35,000→ 0 total→ Class A Common Stock (35,000 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
2011-11-04−40,000→ 0 total→ Class A Common Stock (40,000 underlying)
Footnotes (6)
- [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 PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.
- [F3]On January 31, 2011, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain performance criteria. Pursuant to Reporting Person's Employment Agreement dated January 26, 2010, PSUs became fully vested as of date of employment termination on November 4, 2011.
- [F4]Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting.
- [F5]The RSUs vest in three equal installments on each of March 1, 2012, March 1, 2013 and March 1, 2014. Pursuant to Reporting Person's Employment Agreement dated January 26, 2010, RSUs became fully vested as of date of employment termination on November 4, 2011.
- [F6]The RSUs vest in three equal installments on each of March 1, 2011, March 1, 2012 and March 1, 2013. Pursuant to Reporting Person's Employment Agreement dated January 26, 2010, RSUs became fully vested as of date of employment termination on November 4, 2011.
Documents
Issuer
SUNPOWER CORP
CIK 0000867773
Entity typeother
Related Parties
1- filerCIK 0001481635
Filing Metadata
- Form type
- 4
- Filed
- Nov 7, 7:00 PM ET
- Accepted
- Nov 8, 4:56 PM ET
- Size
- 18.5 KB