0001140361-12-013241.txt : 20120305 0001140361-12-013241.hdr.sgml : 20120305 20120305174943 ACCESSION NUMBER: 0001140361-12-013241 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120301 FILED AS OF DATE: 20120305 DATE AS OF CHANGE: 20120305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WERNER THOMAS H CENTRAL INDEX KEY: 0001247756 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34166 FILM NUMBER: 12667899 MAIL ADDRESS: STREET 1: 3939 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95134 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SUNPOWER CORP CENTRAL INDEX KEY: 0000867773 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 943008969 STATE OF INCORPORATION: DE FISCAL YEAR END: 0102 BUSINESS ADDRESS: STREET 1: 77 RIO ROBLES CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 408-240-5500 MAIL ADDRESS: STREET 1: 77 RIO ROBLES CITY: SAN JOSE STATE: CA ZIP: 95134 4 1 doc1.xml FORM 4 X0304 4 2012-03-01 0 0000867773 SUNPOWER CORP SPWR 0001247756 WERNER THOMAS H C/O SUNPOWER CORPORATION 77 RIO ROBLES SAN JOSE CA 95134 1 1 0 0 Director, Pres and CEO Class A Common Stock 2011-03-01 4 M 0 56016 0 A 106029 D Class A Common Stock 2011-03-01 4 F 0 21144 7.45 D 84885 D Class A Common Stock 2011-03-01 4 M 0 66666 0 A 151551 D Class A Common Stock 2011-03-01 4 F 0 24454 7.45 D 127097 D Performance-Based Restricted Stock Units (PSUs) 2012-03-01 4 M 0 40916 0 D Common Stock 40916 40917 D Performance-Based Restricted Stock Units (PSUs) 2012-03-01 4 A 0 45300 0 A Common Stock 45300 45300 D Performance-Based Restricted Stock Units (PSUs) 2012-03-01 4 M 0 15100 0 D Common Stock 15100 30200 D Restricted Stock Units (RSUs) 2012-03-01 4 M 0 33333 0 D Common Stock 33333 33334 D Restricted Stock Units (RSUs) 2012-03-01 4 M 0 33333 0 D Common Stock 33333 66667 D 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. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon vesting. On May 3, 2010, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain performance criteria. The Compensation Committee of the Issuer's Board of Directors confirmed achievement of the performance criteria on February 28, 2011 and, based on that assessment, determined the number of PSUs. The PSUs vest in three equal installments on each of March 1, 2011, March 1, 2012 and March 1, 2013. On January 31, 2011, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain performance criteria. The Compensation Committee of the Issuer's Board of Directors confirmed achievement of the performance criteria on March 1, 2012 and, based on that assessment, determined the number of PSUs. The PSUs vest in three equal installments on each of March 1, 2012, March 1, 2013 and March 1, 2014. The RSUs vest in three equal installments on each of March 1, 2011, March 1, 2012 and March 1, 2013. The RSUs vest in three equal installments on each of March 1, 2012, March 1, 2013 and March 1, 2014. Karla Rogers, as attorney-in-fact for Thomas H. Werner 2012-03-05