0001127602-15-022700.txt : 20150710 0001127602-15-022700.hdr.sgml : 20150710 20150710201831 ACCESSION NUMBER: 0001127602-15-022700 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150701 FILED AS OF DATE: 20150710 DATE AS OF CHANGE: 20150710 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST SOLAR, INC. CENTRAL INDEX KEY: 0001274494 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 204623678 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 350 WEST WASHINGTON STREET STREET 2: SUITE 600 CITY: TEMPE STATE: AZ ZIP: 85281 BUSINESS PHONE: (602) 414-9300 MAIL ADDRESS: STREET 1: 350 WEST WASHINGTON STREET STREET 2: SUITE 600 CITY: TEMPE STATE: AZ ZIP: 85281 FORMER COMPANY: FORMER CONFORMED NAME: FIRST SOLAR HOLDINGS LLC DATE OF NAME CHANGE: 20031229 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DeJong Philip CENTRAL INDEX KEY: 0001647590 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33156 FILM NUMBER: 15984599 MAIL ADDRESS: STREET 1: 15844 EAST SUNBURST DRIVE CITY: FOUNTAIN HILLS STATE: AZ ZIP: 85268 3 1 form3.xml PRIMARY DOCUMENT X0206 3 2015-07-01 0 0001274494 FIRST SOLAR, INC. FSLR 0001647590 DeJong Philip C/O FIRST SOLAR, INC. 350 WEST WASHINGTON ST., STE 600 TEMPE AZ 85281 1 Chief Operating Officer Common Stock 0 D Restricted Stock Units Common Stock 6442 D Restricted Stock Units Common Stock 4832 D Performance Units Common Stock 135000 D Restricted Stock Units Common Stock 7434 D Restricted Stock Units Common Stock 5159 D Restricted Stock Units Common Stock 8628 D The restricted stock units were granted on April 4, 2012. These units are scheduled to vest at a rate of 25% per year, commencing on the first anniversary of the grant date. Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2010 Omnibus Incentive Compensation Plan. The restricted stock units were granted on April 4, 2012. These units are scheduled to vest annually from the grant date at a rate of 40% on the first anniversary of the grant date, with 20% scheduled to vest on each of the remaining three anniversaries of the grant date. The performance units were granted on May 7, 2012 and shall vest in two separate tranches, each contingent upon the achievement of a threshold performance goal and pre-established performance criteria within a defined performance period. Performance Units will not vest unless the participant is continuously employed by the Issuer through the applicable vesting date, unless the participant is eligible, in certain pre-established circumstances, for a pro-rata settlement. In the event of a change of control of the Issuer during the performance period, regardless of whether the threshold performance goal has been achieved, 25% of the then unvested portion of the performance unit will vest or a different amount as determined by the Compensation Committee of the Board of Directors. For more information, see Part II, Item 5 Other Information, of the Issuer's Current Report on Form 10-Q filed with the Securities and Exchange Commission on May 4, 2012. Each performance unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2010 Omnibus Incentive Compensation Plan. The restricted stock units were granted on March 13, 2013. These units are scheduled to vest at a rate of 25% per year, commencing on the first anniversary of the grant date. The restricted stock units were granted on March 5, 2014. These units are scheduled to vest at a rate of 25% per year, commencing on the first anniversary of the grant date. The restricted stock units were granted on March 5, 2015. These units are scheduled to vest at a rate of 25% per year, commencing on the first anniversary of the grant date. Exhibit List: Exhibit 24, Power of Attorney /s/ Peter C. Bartolino, Attorney-in-fact 2015-07-10