{"id":376288,"date":"2010-03-01T15:00:27","date_gmt":"2010-03-01T20:00:27","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=6690"},"modified":"2010-03-01T15:00:27","modified_gmt":"2010-03-01T20:00:27","slug":"first-solar-chairman%e2%80%99s-141m-payout","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/376288","title":{"rendered":"First Solar Chairman\u2019s $141M Payout"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/solar.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Solar\" \/><\/p>\n<p><a href=\"http:\/\/greenenergyreporter.com\/wp-content\/uploads\/2009\/10\/First-solar.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-3649\" title=\"First solar\" src=\"http:\/\/greenenergyreporter.com\/wp-content\/uploads\/2009\/10\/First-solar.gif\" alt=\"\" width=\"128\" height=\"99\" \/><\/a>On Thursday First Solar&#8217;s Chairman, Michael Ahearn sold 1.5 million company shares (half of his stocks in the company). The maker of thin-film photovoltaic panels announced the sale <a href=\"http:\/\/investor.firstsolar.com\/phoenix.zhtml?c=201491&amp;p=irol-newsArticle&amp;ID=1396338&amp;highlight=\" >in a release issued Friday<\/a>.   <span id=\"more-6690\"><\/span><\/p>\n<p>Based on Thursday&#8217;s closing price of $102.97 the share sale earned Ahearn $141.8 million.<\/p>\n<p>Ahearn stepped down as CEO <a href=\"http:\/\/greenenergyreporter.com\/2009\/09\/first-solar-hires-rob-gillette-a-ge-veteran-as-its-new-ceo\/\" >of First Solar in September<\/a>, after leading the company from its startup launch to become one of today&#8217;s largest corporates in the renewable energy sector.<\/p>\n<p>On Thursday Rob Gillette, who replaced Ahearn as CEO, purchased 10,000 shares of First Solar common stock in the open market with his personal funds.<\/p>\n<p>As part of his compensation package Gillette <a href=\"http:\/\/greenenergyreporter.com\/2010\/02\/details-on-first-solars-comps-payouts\/\" >was granted $9.25 million in stock options<\/a>, including\u00a0 $3.25 million in unrestricted shares and $6 million in restricted shares. He also got a $5 million signing bonus.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/LFDfXZ-5HMo\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday First Solar&#8217;s Chairman, Michael Ahearn sold 1.5 million company shares (half of his stocks in the company). The maker of thin-film photovoltaic panels announced the sale in a release issued Friday. Based on Thursday&#8217;s closing price of $102.97 the share sale earned Ahearn $141.8 million. Ahearn stepped down as CEO of First Solar [&hellip;]<\/p>\n","protected":false},"author":2814,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-376288","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/376288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2814"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=376288"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/376288\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=376288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=376288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=376288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}