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FIRST SOLAR, INC. — Director's Dealing 2010
Oct 29, 2010
30228_dirs_2010-10-29_12f65409-0b5f-437f-a89d-1a43db8ac35b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FIRST SOLAR, INC. (FSLR)
CIK: 0001274494
Period of Report: 2010-10-27
Reporting Person: Gustafsson Mary Elizabeth (EVP, General Counsel, Secty.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-10-27 | Common Stock | M | 1600 | — | Acquired | 3456 | Direct |
| 2010-10-27 | Common Stock | F | 656 | $150.30 | Disposed | 2800 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-10-27 | Restricted Stock Units | $ | M | 1600 | Disposed | Common Stock (1600) | Direct |
Footnotes
F1: Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of the restricted stock units.
F2: 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.
F3: The restricted stock units were granted on October 27, 2008. These units are scheduled to vest annually 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.