MAHAFFEY KENNETH LAWRENCE 4
4 · SUNPOWER CORP · Filed Feb 22, 2021
Insider Transaction Report
Form 4
SUNPOWER CORPSPWR
MAHAFFEY KENNETH LAWRENCE
EVP & General Counsel
Transactions
- Award
Performance Based Stock Units (PSU's)
2021-02-18−43,994→ 43,994 total→ Common Stock (43,994 underlying)
Footnotes (2)
- [F1]Each PSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]On February 29, 2020, 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 18, 2021 and, based on that assessment, determined the number of PSUs. The remaining PSUs will vest in four equal installments each on March 1, 2021, March 1, 2022, March 1, 2023 and March 1, 2024.