Mulligan William P III 4
4 · SUNPOWER CORP · Filed Feb 21, 2018
Insider Transaction Report
Form 4
SUNPOWER CORPSPWR
Mulligan William P III
EVP of Global Operations
Transactions
- Award
Restricted Stock Units (RSUs)
2018-02-16+37,500→ 37,500 total→ Common Stock (37,500 underlying) - Award
Performance-Based Restricted Stock Units (PSUs)
2018-02-16+37,500→ 37,500 total→ Common Stock (37,500 underlying)
Footnotes (4)
- [F1]Each PSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]On March 10, 2017, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain criteria. The Compensation Committee of the Issuer's Board of Directors confirmed the achievement of the performance criteria on February 16, 2018 and, based on that assessment, determined the number of PSUs. The PSUs vest in four equal installments on each of March 1, 2018, March 1, 2019, March 1, 2020 and March 1, 2021.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F4]The RSUs shall vest in four equal installments on each of March 1, 2019, March 1, 2020, March 1, 2021 and March 1, 2022.