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FIRST SOLAR, INC. Director's Dealing 2010

May 4, 2010

30228_dirs_2010-05-04_e9287e70-a6a6-4fcc-9ef8-db7a481f1b6e.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: 2010-04-30

Reporting Person: Campbell Carol (EVP, Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-04-30 Common Stock M 4020 $20.00 Acquired 5546 Direct
2010-04-30 Common Stock S 4020 $147.92 Disposed 1526 Direct
2010-04-30 Common Stock S 999 $147.92 Disposed 527 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-04-30 Non-Qualified Stock Options (Right to Buy) $20.00 M 4020 Disposed 2013-11-16 Common Stock (4020) Direct

Footnotes

F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2: The option was granted on November 16, 2006. The option becomes exercisable with respect to approximately 436 shares monthly until March 1, 2011.