UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)
SunPower Corporation
| (Name of Issuer) |
Class A Common Stock, par value $0.001 per share
| (Title of Class of Securities) |
867652109
| (CUSIP Number) |
September 29, 2008
| (Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x Rule 13d-1(d)
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.
CUSIP No. 867652109
| 1. | Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Cypress Semiconductor Corporation |
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| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨ |
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| 3. | SEC Use Only
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| 4. | Citizenship or Place of Organization
Delaware |
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Number of Shares Beneficially by Owned by Each Reporting Person With:
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5. Sole Voting Power
0 shares of Class A Common Stock, par value $0.001 per share, of SunPower Corporation (“Class A Common Stock”)(1)
0 shares of Class B Common Stock, par value $0.001 per share, of SunPower Corporation (“Class B Common Stock”)(1) | |
| 6. Shared Voting Power
0 | ||
| 7. Sole Dispositive Power
0 shares of Class A Common Stock(1)
0 shares of Class B Common Stock(1) | ||
| 8. Shared Dispositive Power
0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
0 shares of Class A Common Stock(1)
0 shares of Class B Common Stock(1) |
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| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares.
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¨
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| 11. | Percent of Class Represented by Amount in Row (9):
0%(1) |
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| 12. | Type of Reporting Person:
CO |
| (1) |
See Item 4. |
| Item 1. |
(a) Name of Issuer: SunPower Corporation (the “Issuer”)
(b) Address of Issuer’s Principal Executive Offices: 3939 North First Street, San Jose, CA 95134
| Item 2. |
(a) Name of Person Filing: Cypress Semiconductor Corporation (“Cypress”)
(b) Address of Principal Business Office or, if none, Residence: 198 Champion Court, San Jose, CA 95134
(c) Citizenship: Delaware
(d) Title of Class of Securities: Class A Common Stock, par value $0.001 per share
(e) CUSIP Number: 867652109
| Item 3. | If this statement is filed pursuant to §§240.13d-l(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) | ¨ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). | ||
| (b) | ¨ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). | ||
| (c) | ¨ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). | ||
| (d) | ¨ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). | ||
| (e) | ¨ | An investment adviser in accordance with §240.13d-l(b)(l)(ii)(E); | ||
| (f) | ¨ | An employee benefit plan or endowment fund in accordance with §240.13d-l(b)(l)(ii)(F); | ||
| (g) | ¨ | A parent holding company or control person in accordance with § 240.13d-l(b)(l)(ii)(G); | ||
| (h) | ¨ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||
| (i) | ¨ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | ||
| (j) | ¨ | Group, in accordance with §240.13d-l(b)(l)(ii)(J). | ||
| Item 4. | Ownership. |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| (a) |
Amount beneficially owned: Cypress owns 0 shares of Class A Common Stock and 0 shares of Class B Common Stock. |
On September 29, 2008, Cypress distributed all of the 42,033,287 shares of Class B Common Stock then owned by Cypress to Cypress’ stockholders as a stock dividend (the “Spin Off”). Prior to the Spin Off, Cypress’ shares of Class B Common Stock had been convertible into 42,033,287 shares of Class A Common Stock at its option and under certain other circumstances. Following the completion of the Spin Off, the shares of Class B Common Stock are no longer convertible into shares of Class A Common Stock. Following the completion of the Spin Off, Cypress owns no shares of Class A Common Stock or Class B Common Stock.
| (b) |
Percent of class: 0% |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote: 0. |
| (ii) | Shared power to vote or to direct the vote: 0. |
| (iii) | Sole power to dispose or to direct the disposition of: 0. |
| (iv) | Shared power to dispose or to direct the disposition of: 0. |
| Item 5. | Ownership of Five Percent or Less of a Class |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x .
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company |
Not applicable.
| Item 8. | Identification and Classification of Members of the Group |
Not applicable.
| Item 9. | Notice of Dissolution of Group |
Not applicable.
| Item 10. | Certification |
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| Dated: October 1, 2008 | CYPRESS SEMICONDUCTOR CORPORATION | |||||||
| /s/ Brad W. Buss | ||||||||
| By: | Brad W. Buss | |||||||
| Title: | Executive Vice President, Finance and Administration and Chief Financial Officer | |||||||