0001209191-18-012001.txt : 20180221 0001209191-18-012001.hdr.sgml : 20180221 20180221170900 ACCESSION NUMBER: 0001209191-18-012001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180216 FILED AS OF DATE: 20180221 DATE AS OF CHANGE: 20180221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BOYNTON CHARLES D CENTRAL INDEX KEY: 0001181212 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34166 FILM NUMBER: 18629371 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: 1231 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 doc4.xml FORM 4 SUBMISSION X0306 4 2018-02-16 0 0000867773 SUNPOWER CORP SPWR 0001181212 BOYNTON CHARLES D 77 RIO ROBLES C/O SUNPOWER CORPORATION SAN JOSE CA 95134 0 1 0 0 EVP and CFO Performance-Based Restricted Stock Units 2018-02-16 4 A 0 62500 0.00 A Common Stock 62500 62500 D Restricted Stock Units (RSUs) 2018-02-16 4 A 0 50000 0.00 A Common Stock 50000 50000 D Each PSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. On March 10, 2017, 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 16, 2018 and, based on that assessment, determined the number of PSUs. The PSUs vest in four equal installments on each of March 1, 2018, March 1, 2019, March 1, 2020 and March 1, 2021. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. The RSUs shall vest in four equal installments on each of March 1, 2019, March 1, 2020 March 1, 2021 and March 1, 2022. Lauren Walz, as Attorney-in-Fact for Charles Boynton 2018-02-21