0001209191-20-016422.txt : 20200304
0001209191-20-016422.hdr.sgml : 20200304
20200304204909
ACCESSION NUMBER: 0001209191-20-016422
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200301
FILED AS OF DATE: 20200304
DATE AS OF CHANGE: 20200304
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: 20689325
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: 1229
BUSINESS ADDRESS:
STREET 1: 51 RIO ROBLES
CITY: SAN JOSE
STATE: CA
ZIP: 95134
BUSINESS PHONE: 408-240-5500
MAIL ADDRESS:
STREET 1: 51 RIO ROBLES
CITY: SAN JOSE
STATE: CA
ZIP: 95134
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-03-01
0
0000867773
SUNPOWER CORP
SPWR
0001247756
WERNER THOMAS H
51 RIO ROBLES
SAN JOSE
CA
95134
1
1
0
0
Pres and CEO
Common Stock
2020-03-01
4
M
0
5138
0.00
A
533737
D
Common Stock
2020-03-01
4
M
0
17900
0.00
A
551637
D
Common Stock
2020-03-01
4
M
0
37500
0.00
A
589137
D
Common Stock
2020-03-01
4
M
0
37500
0.00
A
626637
D
Common Stock
2020-03-01
4
M
0
32305
0.00
A
658942
D
Common Stock
2020-03-01
4
M
0
30000
0.00
A
688942
D
Common Stock
2020-03-01
4
F
0
1777
8.57
D
687165
D
Common Stock
2020-03-01
4
F
0
6190
8.57
D
680975
D
Common Stock
2020-03-01
4
F
0
13980
8.57
D
666995
D
Common Stock
2020-03-01
4
F
0
18593
8.57
D
648402
D
Common Stock
2020-03-01
4
F
0
16017
8.57
D
632385
D
Common Stock
2020-03-01
4
F
0
14874
8.57
D
617511
D
Common Stock
1218
I
Held in Trust - The Werner Family Trust
Performance-Based Restricted Stock Units (PSUs)
2020-03-01
4
M
0
5138
0.00
D
Common Stock
5138
0
D
Restricted Stock Units (RSUs)
2020-03-01
4
M
0
17900
0.00
D
Common Stock
17900
0
D
Performance-Based Restricted Stock Units (PSUs)
2020-03-01
4
M
0
37500
0.00
D
Common Stock
37500
37500
D
Restricted Stock Units (RSUs)
2020-03-01
4
M
0
37500
0.00
D
Common Stock
37500
37500
D
Performance-Based Restricted Stock Units (PSUs)
2020-03-01
4
M
0
32305
0.00
D
Common Stock
32305
0
D
Performance-Based Restricted Stock Units (PSUs)
2020-03-01
4
M
0
30000
0.00
D
Common Stock
30000
0
D
Performance Based Restricted Stock Units (PSU's)
2020-03-01
4
M
0
133050
0.00
D
Common Stock
133050
133050
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. This is the final installment to vest.
Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
These are the final RSUs to vest.
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 remaining PSUs shall vest on March 1, 2021.
The remaining RSUs shall vest on March 1, 2021.
On April 12, 2018, 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 12, 2019 and, based on that assessment, determined the number of PSUs. This is the final installment of these PSUs to vest.
On April 18, 2019, 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 29, 2020 and, based on that assessment, determined the number of PSUs. These PSUs shall vest on December 1, 2020, subject to acceleration of vesting as set forth in Reporting Person's employment agreement.
Lauren Walz, as attorney-in-fact for Thomas H Werner
2020-03-04