X0306 4 2016-02-22 false 0000867773 SUNPOWER CORP SPWR 0001213272 BODENSTEINER LISA MARIE 77 RIO ROBLES SAN JOSE CA 95134 false true false false EVP & General Counsel Common Stock 2016-02-23 4 S false 11079 20.9947 D 16000 D Performance-Based Restricted Stock Units (PSUs) 0 2016-02-22 4 A false 15506 0 A Common Stock 15506 15506 D Restricted Stock Units (RSUs) 0 2016-02-22 4 A false 16700 0 A Common Stock 16700 16700 D Each PSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. On each of February 23, 2015 and March 20, 2015, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain performance criteria. The Compensation Committee of the Issuer's Board of Directors confirmed achievement of the performance criteria on February 22, 2016 and, based on that assessment, determined the number of PSUs. The PSUs vest in three equal installments on each of March 1, 2016, March 1, 2017, and March 1, 2018. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. The RSUs shall vest in four equal installments on each of March 1, 2017, March 1, 2018, March 1, 2019 and March 1, 2020. The sale reported on this Form 4 was effected pursuant to a previously adopted rule 10b5-1 trading plan by the Reporting Person. The price that corresponds to this number of shares is the weighted average sales price; actual sales prices ranged from $20.4299 to $21.6400. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price. Sage Walker, as attorney-in-fact for Lisa Bodensteiner 2016-02-24