0000950157-12-000135.txt : 20120327 0000950157-12-000135.hdr.sgml : 20120327 20120327162516 ACCESSION NUMBER: 0000950157-12-000135 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120327 DATE AS OF CHANGE: 20120327 GROUP MEMBERS: ALICE L. WALTON GROUP MEMBERS: JIM C. WALTON GROUP MEMBERS: S. ROBSON WALTON SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82789 FILM NUMBER: 12717426 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JCL FSLR Holdings, LLC CENTRAL INDEX KEY: 0001545456 IRS NUMBER: 454703349 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: P.O. BOX 1860 CITY: BENTONVILLE STATE: AR ZIP: 72712 BUSINESS PHONE: 479-464-1500 MAIL ADDRESS: STREET 1: P.O. BOX 1860 CITY: BENTONVILLE STATE: AR ZIP: 72712 SC 13G/A 1 sc13ga.htm AMENDMENT NO. 6 sc13ga.htm


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 
(Amendment No. 6)
 
FIRST SOLAR, INC.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
CUSIP No. 336433107
 
(CUSIP Number)
 
 
March 26, 2012
(Date of Event Which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 
G
Rule 13d-1(b)
     
 
G
Rule 13d-1(c)
     
 
R
Rule 13d-1(d)
 
 
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
 
 

 
 
 

CUSIP No.
336433107
   

 
1
NAME OF REPORTING PERSONS
 
JCL FSLR Holdings, LLC
 
IRS Identification Nos. of Above Persons (entities only)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)þ
(b)¨
3
    SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
 0**
6
SHARED VOTING POWER
 
24,957,907**
7
SOLE DISPOSITIVE POWER
 
 0**
8
SHARED DISPOSITIVE POWER
 
24,957,907**
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
24,957,907**
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
12
TYPE OF REPORTING PERSON (See Instructions)
 
CO

**For additional information, see Schedule A
 
 
 
 

 

 
 

CUSIP No.
336433107
   

1
NAME OF REPORTING PERSONS
 
S. Robson Walton

IRS Identification Nos. of Above Persons (entities only)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)þ
(b)¨
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0**
6
SHARED VOTING POWER
 
24,957,907**
7
SOLE DISPOSITIVE POWER
 
0**
8
SHARED DISPOSITIVE POWER
 
24,957,907**
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
24,957,907**
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
28.9%
12
TYPE OF REPORTING PERSON (See Instructions)
 
IN

**For additional information, see Schedule A
 
 
 
 
 

 
 
 
 

CUSIP No.
336433107
   

1
NAME OF REPORTING PERSONS
 
Alice L. Walton
 
IRS Identification Nos. of Above Persons (entities only)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)þ
(b)¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0**
6
SHARED VOTING POWER
 
26,557,907**
7
SOLE DISPOSITIVE POWER
 
0**
8
SHARED DISPOSITIVE POWER
 
26,557,907**
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
26,557,907**
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
30.7%
12
TYPE OF REPORTING PERSON (See Instructions)
 
IN

**For additional information, see Schedule A
 
 
 
 
 
 
 

 
 
 
 
CUSIP No.
336433107
   

1
NAME OF REPORTING PERSONS
 
Jim C. Walton
 
IRS Identification Nos. of Above Persons (entities only)
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)þ
(b)¨
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
0**
6
SHARED VOTING POWER
 
26,557,907**
7
SOLE DISPOSITIVE POWER
 
0**
8
SHARED DISPOSITIVE POWER
 
26,557,907**
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
26,557,907**
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
30.7%
 
12
TYPE OF REPORTING PERSON (See Instructions)
 
IN

**For additional information, see Schedule A
 
 
 
 
 
 
 
 

 
 
 
 
 

CUSIP No.
336433107

Item 1.
 
 
(a)
Name of Issuer
 
       
   
First Solar, Inc.
 
       
 
(b)
Address of Issuer’s Principal Executive Offices
 
       
   
350 West Washington Street, Suite 600
Tempe, Arizona 85281
 

Item 2.
 
 
(a)
Name of Person Filing
 
       
   
JCL FSLR Holdings, LLC
S. Robson Walton
Jim C. Walton
Alice L. Walton
 
       
 
(b)
Address of Principal Business Office or, if none, Residence
 
       
   
The principal business office of each person named in Item 2(a) above is P.O. Box 1860, Bentonville, Arkansas 72712. 
 
       
 
(c)
Citizenship
 
       
   
Each individual filing this Schedule 13G is a citizen of the United States.
 
       
 
(d)
Title of Class of Securities
 
       
   
Common Stock
 
       
 
(e)
CUSIP Number
 
 
   
336433107
 
     
 

Item 3.
  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
   
  (a) 
o
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
 
       
  (b)
o
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
 
       
  (c)
o
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
 
       
  (d) 
o
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
 
       
  (e)
o
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
       
  (f)
o
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
       
  (g)
o
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
 
 
 
 
 
 
 

 
 
 
 
 
       
  (h) 
o
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
       
  (i)
o
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
       
  (j)
o
Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution: ______.
 
 
 
Not applicable.

Item 4.
Ownership.
 
  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. 
 
 
(a)
  Amount beneficially owned: ______.
     
 
See Schedule A hereto.
 
 
(b)
  Percent of class: ______.
   
 
See Schedule A hereto.
 
 
(c)
  Number of shares as to which the person has:
 
 
(i)
Sole power to vote or to direct the vote ______.
 
       
   
See Schedule A hereto.
 
       
 
(ii)
Shared power to vote or to direct the vote ______.
 
       
   
See Schedule A hereto.
 
       
 
(iii)
Sole power to dispose or to direct the disposition of ______.
 
       
   
See Schedule A hereto.
 
       
 
(iv)
Shared power to dispose or to direct the disposition of ______.
 
       
   
See Schedule A hereto.
 
 
Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
 
Item 5.
Ownership of 5 Percent or Less of a Class
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following  o .
 
Instruction: Dissolution of a group requires a response to this item.
 
Not applicable.
 
Item 6.
Ownership of More than 5 Percent on Behalf of Another Person.
 
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
 
Not applicable.
 
 
 
 
 
 
 

 
 
 
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
 
If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
 
Not applicable.
 
Item 8.
Identification and Classification of Members of the Group
 
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
 
The identity of each member of the group is disclosed on the cover pages attached hereto.
 
Item 9.
Notice of Dissolution of Group
 
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
 
Not applicable.
 
Item 10.
Certification
 
(a) The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
Not applicable.
 
(b) The following certification shall be included if the statement is filed pursuant to §240.13d–1(b)(1)(ii)(J), or if the statement is filed pursuant to §240.13d–1(b)(1)(ii)(K) and a member of the group is a non-U.S. institution eligible to file pursuant to §240.13d–1(b)(1)(ii)(J):
 
By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to [insert particular category of institutional investor] is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
 
Not applicable.
 
(c) The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
Not applicable.
 
 
 
 
 
 

 
 
 
 
 
 
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Date:  March 26, 2012
 
 
 
/s/ S. Robson Walton
   
S. Robson Walton, in his capacity as a manager of JCL FSLR Holdings, LLC.
   
 
     
/s/ Jim C. Walton
   
Jim C. Walton, in his capacity as co-trustee of the JTW Trust #1 UAD 91902 and as a manager of JCL FSLR Holdings, LLC.
   
 
     
/s/ Alice L. Walton
   
Alice L. Walton, in her capacity as co-trustee of the JTW Trust #1 UAD 91902 and as a manager of JCL FSLR Holdings, LLC.
   
 
 
 
 
 
 
 

 
 

 
Schedule A
 
 
 
   
Aggregate Number
         
Number of Shares of Common Stock as
   
of Shares of
 
Percentage
 
to Which Reporting Person has
   
Common Stock
 
Outstanding
 
Sole Power to
 
Sole Power to
 
Shared Power to
 
Shared Power to
Reporting Person
 
Beneficially Owned
 
Common Stock
 
Dispose
 
Vote
 
Dispose
 
Vote
S. Robson Walton (1)
   
24,957,907
     
28.9
%
   
0
     
0
     
24,957,907
     
24,957,907
   
Jim C. Walton (2)
   
26,557,907
     
30.7
%
   
0
     
0
     
26,557,907
     
26,557,907
   
Alice L. Walton (3)
   
26,557,907
     
30.7
%
   
0
     
0
     
26,557,907
     
26,557,907
   
JCL FSLR Holdings, LLC (4)
 
24,957,907
     
28.9
%
   
24,957,907
     
24,957,907
     
0
     
0
   
         
 
(1)
 
The number and percentage of shares of common stock shown in the table as beneficially owned by S. Robson Walton represent 24,957,907 shares held by JCL FSLR Holdings, LLC, as to which S. Robson Walton, as a manager thereof, shares voting and dispositive power with Jim C. Walton and Alice L. Walton, as managers. With respect to JCL FSLR Holdings, LLC, dispositive and voting power over all of the shares held thereby is exercised by the managers thereof. The shares held by JCL FSLR Holdings, LLC are for the benefit of John T. Walton’s wife and his descendants and for that reason, S. Robson Walton disclaims beneficial ownership of the shares listed above.
 
         
 
(2)
 
The number and percentage of shares of common stock shown in the table as beneficially owned by Jim C. Walton represent (a) 24,957,907 shares held by JCL FSLR Holdings, LLC, as to which Jim C. Walton, as a manager thereof, shares voting and dispositive power with S. Robson Walton and Alice L. Walton, as managers, and (b) 1,600,000 shares held by the JTW Trust #1 UAD 91902, as to which Jim C. Walton and Alice L. Walton, as co-trustees, share voting and dispositive power. With respect to JCL FSLR Holdings, LLC, dispositive and voting power over all of the shares held thereby is exercised by the managers thereof. The shares held by JCL FSLR Holdings, LLC are for the benefit of John T. Walton’s wife and his descendants. The shares held by the JTW Trust #1 UAD 91902 are for the benefit of charitable interests and John T. Walton’s descendants. For those reasons, Jim C. Walton disclaims beneficial ownership of the shares listed in (a) and (b) above.
 
         
 
(3)
 
The number and percentage of shares of common stock shown in the table as beneficially owned by Alice L. Walton represent (a) 24,957,907 shares held by JCL FSLR Holdings, LLC, as to which Alice L. Walton, as a manager thereof, shares voting and dispositive power with S. Robson Walton and Jim C. Walton, as managers, (b) 1,600,000 shares held by the JTW Trust #1 UAD 91902, as to which Jim C. Walton and Alice L. Walton, as co-trustees, share voting and dispositive power. With respect to JCL FSLR Holdings, LLC, dispositive and voting power over all of the shares held thereby is exercised by the managers thereof. The shares held by JCL FSLR Holdings, LLC are for the benefit of John T. Walton’s wife and his descendants. The shares held by the JTW Trust #1 UAD 91902 are for the benefit of charitable interests and John T. Walton’s descendants. For those reasons, Alice L. Walton disclaims beneficial ownership of the shares listed in (a) and (b) above.
 
         
 
(4)
 
The number and percentage of shares of common stock shown in the table as beneficially owned by JCL FSLR Holdings, LLC represent 24,957,907 shares held directly by JCL FSLR Holdings, LLC, as to which S. Robson Walton, Jim C. Walton and Alice L. Walton, as managers of JCL FSLR Holdings, LLC, share voting and dispositive power. The shares held by JCL FSLR Holdings, LLC are held for the benefit of John T. Walton’s wife and his descendants and for that reason, S. Robson Walton, Jim C. Walton and Alice L. Walton disclaim beneficial ownership of such shares.