Edgar Filing: Jaap Christopher

Ownership Submission

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:

3235-0104

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Jaap Christopher

2. Date of Event Requiring Statement (Month/Day/Year)
02/27/2012

3. Issuer Name and Ticker or Trading Symbol
SUNPOWER CORP [SPWR]

(Last)

(First)

(Middle)

C/O SUNPOWER CORPORATION,Â 77 RIO ROBLES

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Acting Gen Counsel & Ass Sec

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

SAN JOSE,Â CAÂ 95134

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

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	659	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	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 control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units (RSUs)	Â ⁽¹⁾	Â ⁽¹⁾	Common Stock	834	$ ⁽⁶⁾	D	Â
Restricted Stock Units (RSUs)	Â ⁽²⁾	Â ⁽²⁾	Common Stock	2,200	$ ⁽⁶⁾	D	Â
Restricted Stock Units (RSUs)	Â ⁽³⁾	Â ⁽³⁾	Common Stock	767	$ ⁽⁶⁾	D	Â
Restricted Stock Units (RSUs)	Â ⁽⁴⁾	Â ⁽⁴⁾	Common Stock	1,710	$ ⁽⁶⁾	D	Â
Restricted Stock Units (RSUs)	Â ⁽⁴⁾	Â ⁽⁴⁾	Common Stock	3,350	$ ⁽⁶⁾	D	Â
Restricted Stock Units (RSUs)	Â ⁽⁴⁾	Â ⁽⁴⁾	Common Stock	700	$ ⁽⁶⁾	D	Â
Restricted Stock Units (RSUs)	Â ⁽⁵⁾	Â ⁽⁵⁾	Common Stock	5,025	$ ⁽⁶⁾	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Jaap Christopher C/O SUNPOWER CORPORATION 77 RIO ROBLES SAN JOSE,Â CAÂ 95134	Â	Â	Â Acting Gen Counsel & Ass Sec	Â

Signatures

Karla Rogers, as attorney-in-fact for Christopher Jaap		02/29/2012
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	The RSUs vest on March 1, 2012.
(2)	The RSUs vest in two equal installments on each of March 1, 2012 and March 1, 2013.
(3)	The RSUs vest on November 15, 2012.
(4)	The RSUs vest in three equal installments on each of March 1, 2012, March 1, 2013 and March 1, 2014.
(5)	The RSUs vest in three equal installments on each of June 1, 2012, June 1, 2013 and June 1, 2014.
(6)	Each restricted stock unit (RSU) represents a contingent right to receive one share of the Registrant's Common Stock once vested.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.