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