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FIRST SOLAR, INC. Director's Dealing 2010

Mar 26, 2010

30228_dirs_2010-03-26_69285a37-fd41-4156-b45a-ab961ea1ff0c.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: 2010-03-24

Reporting Person: Sohn Bruce (President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-03-24 Restricted Stock Units $ A 15359 Acquired Common Stock (15359) Direct

Footnotes

F1: Each restricted stock unit represents the right to receive, following vesting, one share of First Solar, Inc. common stock.

F2: The restricted stock units were granted on March 24, 2010 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 20% on each of the first thee anniversaries of the grant date, with the remaining 40% scheduled to vest on the fourth anniversary of the grant date.