0001628280-23-006158.txt : 20230302 0001628280-23-006158.hdr.sgml : 20230302 20230302200507 ACCESSION NUMBER: 0001628280-23-006158 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230228 FILED AS OF DATE: 20230302 DATE AS OF CHANGE: 20230302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Richards Douglas J. CENTRAL INDEX KEY: 0001411768 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34166 FILM NUMBER: 23701267 MAIL ADDRESS: STREET 1: 3939 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95134 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SUNPOWER CORP CENTRAL INDEX KEY: 0000867773 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 943008969 STATE OF INCORPORATION: DE FISCAL YEAR END: 0101 BUSINESS ADDRESS: STREET 1: 1414 HARBOUR WAY SOUTH, SUITE 1901 CITY: RICHMOND STATE: CA ZIP: 94804 BUSINESS PHONE: 408-240-5500 MAIL ADDRESS: STREET 1: 1414 HARBOUR WAY SOUTH, SUITE 1901 CITY: RICHMOND STATE: CA ZIP: 94804 4 1 wf-form4_167780548482621.xml FORM 4 X0306 4 2023-02-28 0 0000867773 SUNPOWER CORP SPWR 0001411768 Richards Douglas J. 1414 HARBOUR WAY SOUTH, SUITE 1901 RICHMOND CA 94804 0 1 0 0 EVP, Administration Restricted Stock Units (RSUs) 2023-02-28 4 A 0 22736 0 A Common Stock 22736.0 22736 D Performance Based Restricted Stock Units (PSUs) 2023-02-28 4 A 0 17492 0 A Common Stock 17492.0 17492 D Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. RSUs shall vest in four equal annual installments on each of March 1, 2024, March 1, 2025, March 1, 2026 and March 1, 2027. Each PSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. On March 16, 2022, Reporting Person was awarded a number of PSUs within a preset range, with the actual number contingent upon the achievement of certain criteria. The Compensation Committee of the Issuer's Board of Directors confirmed the achievement of the performance criteria on February 28, 2023 and, based on that assessment, determined the number of PSUs. The remaining PSUs will vest in four equal installments each on March 1, 2023, March 1, 2024, March 1, 2025 and March 1, 2026. Bette Tsien, as Attorney-in-Fact for Douglas J. Richards 2023-03-02