Form 4 for SPWR SunPower Inc.
Accepted 2023-07-20 00:00:00 ET · period of report 2023-07-18 · accession 0001209191-23-042994 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-07-20 | 2023-07-18 | SPWR | Anderson William James | CEO, Dir | A - Grant | $0.00 | +405.1K | 405.1K | New | $0 |
| DI | 2023-07-20 | 2023-07-18 | SPWR | Anderson William James | CEO, Dir | A - Grant | $0.00 | +48.3K | 48.3K | New | $0 |
| DM | 2023-07-20 | 2023-07-18 | SPWR | Anderson William James | CEO, Dir | A - Grant | $0.00 | +1.83M | 141.8K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-07-18 | A | A | 405,090 | $0.00 | 405,090 | D See footnote | — | — | (F1) Received on July 18, 2023 pursuant to that certain Business Combination Agreement, dated May 26, 2023, by and among Freedom Acquisition I Corp. ("FACT"), Jupiter Merger Sub I Corp., a Delaware corporation and wholly-owned subsidiary of FACT, Jupiter Merger Sub II LLC, a Delaware limited liability company and a wholly-owned subsidiary of FACT, Complete Solaria, Inc. (f/k/a Complete Solar Holding Corporation), a Delaware corporation ("Complete Solaria"), and The Solaria Corporation, a Delaware corporation and a wholly-owned indirect subsidiary of Complete Solaria. (F2) The securities are held by the Risk Allocations Systems, Inc. for which the Reporting Person is a stockholder. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose. |
| 2 | Common | Common Stock | 2023-07-18 | A | A | 48,296 | $0.00 | 48,296 | I | — | — | (F1) Received on July 18, 2023 pursuant to that certain Business Combination Agreement, dated May 26, 2023, by and among Freedom Acquisition I Corp. ("FACT"), Jupiter Merger Sub I Corp., a Delaware corporation and wholly-owned subsidiary of FACT, Jupiter Merger Sub II LLC, a Delaware limited liability company and a wholly-owned subsidiary of FACT, Complete Solaria, Inc. (f/k/a Complete Solar Holding Corporation), a Delaware corporation ("Complete Solaria"), and The Solaria Corporation, a Delaware corporation and a wholly-owned indirect subsidiary of Complete Solaria. |
| 3 | Derivative | Stock Option (Right to Buy) | 2023-07-18 | A | A | 579,564 | $0.00 | 579,564 | D | $0.19 · — to 2026-10-17 | 579,564 Common Stock | (F3) This option is fully vested. |
| 4 | Derivative | Stock Option (Right to Buy) | 2023-07-18 | A | A | 386,376 | $0.00 | 386,376 | D | $0.83 · — to 2030-06-11 | 386,376 Common Stock | (F3) This option is fully vested. |
| 5 | Derivative | Stock Option (Right to Buy) | 2023-07-18 | A | A | 96,593 | $0.00 | 96,593 | D | $1.87 · — to 2032-09-08 | 96,593 Common Stock | (F4) The shares subject to the option vest as follows: 1/36th of the shares subject to the option shall vest monthly over three years from March 1, 2022. |
| 6 | Derivative | Stock Option (Right to Buy) | 2023-07-18 | A | A | 627,860 | $0.00 | 627,860 | D | $5.18 · — to 2033-06-18 | 627,860 Common Stock | (F5) The shares subject to the option vest as follows: 1/60th of the shares subject to the option shall vest monthly over five years from May 11, 2023. |
| 7 | Derivative | Warrant (Right to Buy) | 2023-07-18 | A | A | 141,817 | $0.00 | 141,817 | D | $11.50 · — to — | 141,817 Common Stock | (F6) Shares subject to the warrant are exercisable thirty days after the closing of the Business Combination. |