0001127602-12-000918.txt : 20120104
0001127602-12-000918.hdr.sgml : 20120104
20120104210317
ACCESSION NUMBER: 0001127602-12-000918
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120104
DATE AS OF CHANGE: 20120104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kallenbach T.L.
CENTRAL INDEX KEY: 0001478847
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33156
FILM NUMBER: 12508923
MAIL ADDRESS:
STREET 1: C/O FIRST SOLAR INC.
STREET 2: 350 WEST WASHINGTON STREET, SUITE 600
CITY: TEMPE
STATE: AZ
ZIP: 85281
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
4
1
form4.xml
PRIMARY DOCUMENT
X0304
4
2011-12-31
1
0001274494
FIRST SOLAR, INC.
FSLR
0001478847
Kallenbach T.L.
C/O FIRST SOLAR, INC.
350 WEST WASHINGTON STREET SUITE 600
TEMPE
AZ
85281
1
President, Components Bus Grp
Common Stock
2011-12-31
4
M
0
1896
0
A
9688
D
Common Stock
2011-12-31
4
M
0
3029
0
A
12717
D
Common Stock
2011-12-31
4
F
0
1436
33.76
D
11281
D
Restricted Stock Units
2011-12-31
4
M
0
1896
0
D
Common Stock
1896
0
D
Restricted Stock Units
2011-12-31
4
M
0
3029
0
D
Common Stock
3029
0
D
Represents shares of common stock issued upon accelerated vesting of certain restricted stock units granted on March 22, 2011 pursuant to the terms of the Reporting Person's Employment Agreement
Represents shares of common stock issued upon accelerated vesting of certain restricted stock units granted on December 14, 2009 pursuant to the terms of the Reporting Person's Employment Agreement
Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of the restricted stock units.
Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's Amended and Restated 2010 Omnibus Incentive Compensation Plan.
The restricted stock units were granted on March 22, 2011 as part of the Issuer's annual equity grant to executive officers. The units were scheduled to vest annually at a rate of 25% on each of the four anniversaries of the grant date. Twelve months of vesting occurred on December 31, 2011, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Employment Agreement.
Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's Amended and Restated 2006 Omnibus Incentive Compensation Plan.
The restricted stock units were granted on December 14, 2009 pursuant to the Reporting Person's Employment Agreement. The units were scheduled to vest annually at a rate of 20% on each of the first three anniversaries of the grant date, and 40% on the fourth anniversary of the grant date. Twelve months of vesting occurred on December 31, 2011, the effective date of the Reporting Person's termination of employment with the Issuer, pursuant to the terms of the Reporting Person's Employment Agreement.
/s/ Peter C. Bartolino, Attorney-in-fact
2012-01-04