0001127602-15-031051.txt : 20151111
0001127602-15-031051.hdr.sgml : 20151111
20151110193250
ACCESSION NUMBER: 0001127602-15-031051
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151106
FILED AS OF DATE: 20151110
DATE AS OF CHANGE: 20151110
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FIRST SOLAR, INC.
CENTRAL INDEX KEY: 0001274494
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 204623678
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 350 WEST WASHINGTON STREET
STREET 2: SUITE 600
CITY: TEMPE
STATE: AZ
ZIP: 85281
BUSINESS PHONE: (602) 414-9300
MAIL ADDRESS:
STREET 1: 350 WEST WASHINGTON STREET
STREET 2: SUITE 600
CITY: TEMPE
STATE: AZ
ZIP: 85281
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST SOLAR HOLDINGS LLC
DATE OF NAME CHANGE: 20031229
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Widmar Mark R
CENTRAL INDEX KEY: 0001362208
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33156
FILM NUMBER: 151220203
MAIL ADDRESS:
STREET 1: C/O GRAFTECH INTERNATIONAL LTD
STREET 2: 12900 SNOW ROAD
CITY: PARMA
STATE: OH
ZIP: 44130
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2015-11-06
0001274494
FIRST SOLAR, INC.
FSLR
0001362208
Widmar Mark R
C/O FIRST SOLAR, INC.
350 WEST WASHINGTON STREET, SUITE 600
TEMPE
AZ
85281-1244
1
Chief Financial Officer
Common Stock
2015-11-06
4
M
0
88333
0
A
135208
D
Performance Units
2015-11-06
4
M
0
88333
0
D
Common Stock
88333
176667
D
Represents shares of common stock issuable upon vesting of the first tranche of the Key Senior Talent Performance Program ("KSTEPP") performance units granted to the reporting person on May 7, 2012. On November 6, the Compensation Committee of the Issuer's Board of Directors certified the Issuer's achievement of the vesting condition for the first tranche of the KSTEPP performance units.
Each performance unit represents the right to receive, upon vesting, one share of the Issuer's common stock.
The performance units were granted on May 7, 2012 in accordance with the Issuer's 2010 Omnibus Incentive Compensation Plan and shall vest in two separate tranches, each contingent upon the achievement of a threshold performance goal and pre-established performance criteria within a defined performance period. Performance Units will not vest unless the participant is continuously employed by the Issuer through the applicable vesting date, unless the participant is eligible, in certain pre-established circumstances, for a pro-rata settlement. In the event of a change of control of the Issuer during the performance period, regardless of whether the threshold performance goal has been achieved, 25% of the then unvested portion of the performance unit will vest or a different amount as determined by the Compensation Committee of the Board of Directors. For more information, see Part II, Item 5 Other Information, of the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 9, 2015.
/s/ Peter C. Bartolino, Attorney-in-fact
2015-11-10