New insider Sloan Samantha L. claimed ownership of 561 shares (SEC Form 3)
FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 04/17/2025 |
3. Issuer Name and Ticker or Trading Symbol
FIRST SOLAR, INC. [ FSLR ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 561 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Restricted Stock Units | (1) | (1) | Common Stock | 244 | (2) | D | |
Restricted Stock Units | (3) | (3) | Common Stock | 560 | (2) | D | |
Restricted Stock Units | (4) | (4) | Common Stock | 1,407 | (2) | D | |
Restricted Stock Units | (5) | (5) | Common Stock | 248 | (2) | D | |
Restricted Stock Units | (6) | (6) | Common Stock | 702 | (2) | D | |
Restricted Stock Units | (7) | (7) | Common Stock | 427 | (2) | D | |
Restricted Stock Units | (8) | (8) | Common Stock | 687 | (2) | D |
Explanation of Responses: |
1. The restricted stock units were granted on March 6, 2021 as part of the Issuer's annual equity grant to certain associates. The restricted stock units granted on March 6, 2021 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date. |
2. 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 2020 Omnibus Incentive Compensation Plan. |
3. The restricted stock units were granted on March 15, 2022 as part of the Issuer's annual equity grant to certain associates. The restricted stock units granted on March 15, 2022 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date. |
4. The restricted stock units were granted on September 1, 2022 as part of the Issuer's incentive program to certain associates. The restricted stock units granted on September 1, 2022 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date. |
5. The restricted stock units were granted on March 6, 2023 as part of the Issuer's annual equity grant to certain associates. The restricted stock units granted on March 6, 2023 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date. |
6. The restricted stock units were granted on January 15, 2024 as part of the Issuer's incentive program to certain associates. The restricted stock units granted on January 15, 2024 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date. |
7. The restricted stock units were granted on March 6, 2024 as part of the Issuer's annual equity grant to certain associates. The restricted stock units granted on March 6, 2024 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date. |
8. The restricted stock units were granted on March 6, 2025 as part of the Issuer's annual equity grant to certain associates. The restricted stock units granted on March 6, 2025 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date. |
/s/ Jason E. Dymbort, attorney-in-fact | 04/28/2025 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |