Filing Details

Accession Number:
0001127602-10-021693
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-08-18 13:00:00
Reporting Period:
2010-08-16
Filing Date:
2010-08-18
Accepted Time:
2010-08-18 21:58:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1274494 First Solar Inc. FSLR Semiconductors & Related Devices (3674) 204623678
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1256953 Jens Meyerhoff C/O First Solar, Inc.
350 West Washington Street Suite 600
Tempe AZ 85281-1244
Cfo, Pres, Util. Sys. Bus. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-08-16 1,800 $0.00 12,555 No 4 M Direct
Common Stock Disposition 2010-08-16 748 $125.05 11,807 No 4 F Direct
Common Stock Acquisiton 2010-08-17 5,000 $20.00 16,807 No 4 M Direct
Common Stock Disposition 2010-08-17 3,800 $125.30 13,007 No 4 S Direct
Common Stock Disposition 2010-08-17 800 $126.25 12,207 No 4 S Direct
Common Stock Disposition 2010-08-17 400 $127.41 11,807 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2010-08-16 1,800 $0.00 1,800 $0.00
Common Stock Non-Qualified Stock Options (Right to Buy) Disposition 2010-08-17 5,000 $0.00 5,000 $20.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,600 No 4 M Direct
31,251 2013-11-16 No 4 M Direct
Footnotes
  1. Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on August 16, 2007.
  2. Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of the restricted stock units.
  3. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
  4. This transaction was executed in multiple trades at prices ranging from $125.13 to $125.95. The price reported above reflects the weighted average sale price for the transactions reported on this line.
  5. This transaction was executed in multiple trades at prices ranging from $126.17 to $126.37. The price reported above reflects the weighted average sale price for the transactions reported on this line.
  6. A total of 5,000 shares were sold on this date in multiple transactions at prices ranging from $125.13 to $127.41, with a total weighted average sale price of $125.62. The reporting person undertakes to provide upon request by the staff of the SEC, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
  7. Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2006 Omnibus Incentive Compensation Plan.
  8. The restricted stock units were granted on August 16, 2007. These units are scheduled to vest annually at a rate of 20% on each of the first three anniversaries of the grant date, and 40% on the fourth anniversary of the grant date.
  9. This option to purchase 187,501 shares vested with respect to 20% of the underlying shares on June 1, 2007, and has vested or will vest ratably each month during the 48 month period thereafter, subject to Mr. Meyerhoff's continued employment with the Issuer.