0001209191-17-017631.txt : 20170303 0001209191-17-017631.hdr.sgml : 20170303 20170303163937 ACCESSION NUMBER: 0001209191-17-017631 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170301 FILED AS OF DATE: 20170303 DATE AS OF CHANGE: 20170303 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 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: 17664326 MAIL ADDRESS: STREET 1: 3939 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95134 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-03-01 0 0000867773 SUNPOWER CORP SPWR 0001247756 WERNER THOMAS H 77 RIO ROBLES SAN JOSE CA 95134 1 1 0 0 Pres and CEO Common Stock 2017-03-01 4 M 0 20724 0.00 A 416949 D Common Stock 2017-03-01 4 M 0 16666 0.00 A 433615 D Common Stock 2017-03-01 4 M 0 14694 0.00 A 448309 D Common Stock 2017-03-01 4 M 0 13900 0.00 A 462209 D Common Stock 2017-03-01 4 M 0 1400 0.00 A 463609 D Common Stock 2017-03-01 4 M 0 5137 0.00 A 468746 D Common Stock 2017-03-01 4 M 0 17900 0.00 A 486646 D Common Stock 2017-03-01 4 F 0 8659 8.40 D 477987 D Common Stock 2017-03-01 4 F 0 6236 8.40 D 471751 D Common Stock 2017-03-01 4 F 0 5523 8.40 D 466228 D Common Stock 2017-03-01 4 F 0 5224 8.40 D 461004 D Common Stock 2017-03-01 4 F 0 527 8.40 D 460477 D Common Stock 2017-03-01 4 F 0 1931 8.40 D 458546 D Common Stock 2017-03-01 4 F 0 6727 8.40 D 451819 D Performance-Based Restricted Stock Units (PSUs) 2017-03-01 4 A 0 20549 0.00 A Common Stock 20549 20549 D Performance-Based Restricted Stock Units (PSUs) 2017-03-01 4 A 0 8610 0.00 A Common Stock 8610 8610 D Performance-Based Restricted Stock Units (PSUs) 2017-03-01 4 M 0 20724 0.00 D Common Stock 20724 0 D Restricted Stock Units (RSUs) 2017-03-01 4 M 0 16666 0.00 D Common Stock 16666 0 D Performance-Based Restricted Stock Units (PSUs) 2017-03-01 4 M 0 14694 0.00 D Common Stock 14694 14694 D Restricted Stock Units (RSUs) 2017-03-01 4 M 0 13900 0.00 D Common Stock 13900 13900 D Performance-Based Restricted Stock Units (PSUs) 2017-03-01 4 M 0 1400 0.00 D Common Stock 1400 1400 D Performance-Based Restricted Stock Units (PSUs) 2017-03-01 4 M 0 5137 0.00 D Common Stock 5137 15412 D Restricted Stock Units (RSUs) 2017-03-01 4 M 0 17900 0.00 D Common Stock 17900 53700 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 March 31, 2016, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain criteria. The Compensation Committee of the Issuer's Board of Directors confirmed the achievement of the performance criteria on March 1, 2017 and, based on that assessment, determined the number of PSUs. The PSUs will vest in four installments on each of March 1, 2017, March 1, 2018, March 1, 2019 and March 1, 2020. On March 31, 2016, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain criteria. The Compensation Committee of the Issuer's Board of Directors confirmed the achievement of the performance criteria on March 1, 2017 and, based on that assessment, determined the number of PSUs. The PSUs will vest in full on March 31, 2020. On February 5, 2014, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain criteria. The Compensation Committee of the Issuer's Board of Directors confirmed achievement of the performance criteria on February 23, 2015. The last vesting date of these PSUs was March 1, 2017. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. The last vesting date for these RSUs was on March 1, 2017. On February 23, 2015, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain criteria. The Compensation Committee of the Issuer's Board of Directors confirmed the achievement of the performance criteria on February 22, 2016 and, based on that assessment, determined the number of PSUs. The remaining portion of these PSUs will vest on March 1, 2018. The remaining portion of thses RSUs will vest on March 1, 2018. On March 20, 2015, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain criteria. The Compensation Committee of the Issuer's Board of Directors confirmed the achievement of the performance criteria on February 22, 2016 and, based on that assessment, determined the number of PSUs. The remaining portion of these PSUs will vest on March 1, 2018. On March 31, 2016, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain criteria. The Compensation Committee of the Issuer's Board of Directors confirmed the achievement of the performance criteria on March 1, 2017 and, based on that assessment, determined the number of PSUs. The remaining portion of these PSUs will vest in installments on each of March 1, 2018, March 1, 2019 and March 1, 2020. The remaining RSUs shall vest in installments on each of March 1, 2018, March 1, 2019 and March 1, 2020. Lauren Walz, as attorney-in-fact for Thomas H Werner 2017-03-03