Pai Panemangalore Madhavaraya 4
4 · SUNPOWER CORP · Filed Jun 20, 2007
Insider Transaction Report
Form 4
SUNPOWER CORPSPWR
Pai Panemangalore Madhavaraya
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2007-06-19$3.30/sh+21,000$69,300→ 24,000 total - Sale
Class A Common Stock
2007-06-19$57.87/sh−21,000$1,215,365→ 3,000 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-06-19−21,000→ 278,000 totalExercise: $3.30Exp: 2015-03-17→ Class A Common Stock (21,000 underlying)
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to a previously adopted rule 10b5-1 trading plan by the reporting person.
- [F2]Price reflects weighted average sales price; actual sales prices ranged from $57.57 to $58.23.
- [F3]The option becomes exercisable as to 20% of the shares on March 25, 2006 and becomes exercisable as to 1/60th of the shares monthly thereafter.