0001140361-12-017053.txt : 20120321 0001140361-12-017053.hdr.sgml : 20120321 20120321204724 ACCESSION NUMBER: 0001140361-12-017053 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120319 FILED AS OF DATE: 20120321 DATE AS OF CHANGE: 20120321 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NEESE MARTY T CENTRAL INDEX KEY: 0001305578 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34166 FILM NUMBER: 12707432 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: 1230 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 2012-03-19 0 0000867773 SUNPOWER CORP SPWR 0001305578 NEESE MARTY T C/O SUNPOWER CORPORATION 77 RIO ROBLES SAN JOSE CA 95134 0 1 0 0 Chief Operating Officer Common Stock 2012-03-19 4 M 0 30900 0 A 62072 D Common Stock 2012-03-19 4 F 0 11335 7.90 D 50737 D Performance-Based Restricted Stock Units (PSUs) 2012-03-19 4 A 0 30900 0 A Common Stock 30900 30900 D Performance-Based Restricted Stock Units (PSUs) 2012-03-19 4 M 0 30900 0 D Common Stock 30900 0 D Restricted Stock Units (RSUs) 2012-03-19 4 A 0 75000 0 A Common Stock 75000 75000 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 Common Stock upon vesting. On August 5, 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 March 19, 2012 and, based on that assessment, determined the number of PSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. The RSUs shall vest in three equal installments on each of March 1, 2013, March 1, 2014 and March 1, 2015. Karla Rogers, as attorney-in-fact for Marty T. Neese 2012-03-21