-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WrY5oZFT9qowio2fYuLOcwWaGCLBqJZr5NoyllhlEBeAX4Uw9MrP0yG1n5lR/3u2 6gl9iVZpXLaGAeOB6qRXWw== 0001096906-07-001422.txt : 20071024 0001096906-07-001422.hdr.sgml : 20071024 20071024163855 ACCESSION NUMBER: 0001096906-07-001422 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071022 FILED AS OF DATE: 20071024 DATE AS OF CHANGE: 20071024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Solar Power, Inc. CENTRAL INDEX KEY: 0001210618 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 204956638 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1115 ORLANDO AVENUE CITY: ROSEVILLE STATE: CA ZIP: 95661 BUSINESS PHONE: 916 745-0900 MAIL ADDRESS: STREET 1: 1115 ORLANDO AVENUE CITY: ROSEVILLE STATE: CA ZIP: 95661 FORMER COMPANY: FORMER CONFORMED NAME: WELUND FUND INC DATE OF NAME CHANGE: 20021216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Moore Gerald R CENTRAL INDEX KEY: 0001382216 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50142 FILM NUMBER: 071188504 BUSINESS ADDRESS: BUSINESS PHONE: 916-789-0833 MAIL ADDRESS: STREET 1: C/O SOLAR POWER, INC. STREET 2: 4080 CAVITT STALLMAN ROAD, SUITE 100 CITY: GRANITE BAY STATE: CA ZIP: 95746 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2007-10-22 1 0001210618 Solar Power, Inc. (SOPW) 0001382216 Moore Gerald R C/O SOLAR POWER, INC. 1115 ORLANDO AVENUE ROSEVILLE CA 95661 0 0 1 0 Common Stock 2007-10-22 4 S 0 1000000 1.25 D 3100000 D Option 1 2011-12-28 Common Stock 50000 50000 D Performance Option 1 2011-12-28 Commonc Stock 100000 100000 D On July 17, 2007, the Reporting Person pledged 1,000,000 shares of Issuer's common stock to obtain a loan (the "Collateral") in the principal amount of $1,250,000. Under the terms of the loan, the lender had a right to demand repayment of the loan at anytime by accepting the Collateral in full payment of the principal amount of the loan. On October 22, 2007, the lender exercised its right of demand and the Reporting Person delivered the Collateral in satisfaction of the principal amount of the loan. This option vests in four installments, 25,000 on December 28, 2006, 8,333 on December 28, 2007, 8,333 on December 28, 2008 and 8,334 on December 28, 2009. This option vests based on the Issuer's satisfaction of certain financial performance criteria for each of the calendar years ending December 31, 2007, 2008, 2009 and 2010. The vesting determination will occur on December 31, 2010. /s/ Gerald R. Moore by Alan Lefko POA 2007-10-23 -----END PRIVACY-ENHANCED MESSAGE-----