0001209191-21-013444.txt : 20210223 0001209191-21-013444.hdr.sgml : 20210223 20210223190055 ACCESSION NUMBER: 0001209191-21-013444 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210218 FILED AS OF DATE: 20210223 DATE AS OF CHANGE: 20210223 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: 21667688 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 2021-02-18 0 0000867773 SUNPOWER CORP SPWR 0001247756 WERNER THOMAS H 51 RIO ROBLES SAN JOSE CA 95134 1 1 0 0 Pres and CEO Restricted Stock Units (RSUs) 2021-02-22 4 A 0 30860 0.00 D Common Stock 30860 30860 D Restricted Stock Units (RSUs) 2021-02-22 4 A 0 82488 0.00 D Common Stock 82488 82488 D Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. The RSUs shall vest on December 1, 2021, subject to acceleration in the event of Mr. Werner's earlier termination of service, provided that such termination is not for Cause (as such term is defined in Mr. Werner's employment agreement). These grants were originally discussed in fiscal year 2020, commensurate with the stock price used for grants to other executive officers during the time period, for a target total grant value of $1 million, but grants were deferred due to the impact and uncertainty created by the COVID-19 pandemic. The grants were finalized on February 22, 2021. Lauren Walz, as attorney-in-fact for Thomas H Werner 2021-02-23