Jaap Christopher 4
4 · SUNPOWER CORP · Filed Jun 5, 2012
Insider Transaction Report
Form 4
SUNPOWER CORPSPWR
Jaap Christopher
Acting Gen Counsel & Ass Sec
Transactions
- Exercise/Conversion
Restricted Stock Units (RSUs)
2012-06-01−1,675→ 3,350 total→ Common Stock (1,675 underlying) - Tax Payment
Common Stock
2012-06-01$4.74/sh−615$2,915→ 3,956 total - Exercise/Conversion
Common Stock
2012-06-01+1,675→ 4,571 total
Footnotes (3)
- [F1]Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
- [F2]The RSUs vest in three equal installments on each of June 1, 2012, June 1, 2013 and June 1, 2014.
- [F3]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.