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