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Filing Details

Accession Number:: 0001127602-10-020562
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-08-03 13:00:00
Reporting Period:: 2010-07-30

Filing Date:: 2010-08-03
Accepted Time:: 2010-08-03 18:16:49
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
1476987	J David Eaglesham	C/O First Solar, Inc. 350 West Washington Street, Suite 600 Tempe AZ 85281	Chief Technology Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2010-07-30	1,100	$0.00	3,044	No	4	M	Direct
Common Stock	Disposition	2010-07-30	462	$125.45	2,582	No	4	F	Direct
Common Stock	Acquisiton	2010-08-02	10,881	$20.00	13,463	No	4	M	Direct
Common Stock	Disposition	2010-08-02	2,500	$125.87	10,963	No	4	S	Direct
Common Stock	Disposition	2010-08-02	8,081	$126.47	2,882	No	4	S	Direct
Common Stock	Disposition	2010-08-02	300	$127.24	2,582	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2010-07-30	1,100	$0.00	1,100	$0.00
Common Stock	Non-Qualified Stock Options (Right to Buy)	Disposition	2010-08-02	10,881	$0.00	10,881	$20.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,200			No	4	M	Direct
37,158		2013-11-16	No	4	M	Direct

Footnotes

Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on July 30, 2007.
Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of the restricted stock units.
This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
This transaction was executed in multiple trades at prices ranging from $125.17 to $126.16. The price reported above reflects the weighted average sale price for the transactions reported on this line.
This transaction was executed in multiple trades at prices ranging from $126.17 to $127.07. The price reported above reflects the weighted average sale price for the transactions reported on this line.
This transaction was executed in multiple trades at prices ranging from $127.18 to $127.34. The price reported above reflects the weighted average sale price for the transactions reported on this line.
A total of 10,881 shares were sold on this date in multiple transactions at prices ranging from $125.17 to $127.34, with a total weighted average sale price of $126.36. 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.
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 Amended and Restated 2006 Omnibus Incentive Plan.
The restricted stock units were granted on July 30, 2007 as part of the Issuer's annual equity grant to executive officers. The units are scheduled to vest annually from the grant date at a rate of 20% on each of the first three anniversaries of the grant date, with the remaining 40% scheduled to vest on the fourth anniversary of the grant date.
The option was granted on November 16, 2006. The option becomes exercisable with respect to 3,627 shares monthly until June 1, 2011.