Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
HUGHES JAMES ALTON
  2. Issuer Name and Ticker or Trading Symbol
FIRST SOLAR, INC. [FSLR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last)
(First)
(Middle)
C/O FIRST SOLAR, 350 WEST WASHINGTON STREET, SUITE 600
3. Date of Earliest Transaction (Month/Day/Year)
11/10/2015
(Street)

TEMPE, AZ 85281-1244
4. If Amendment, Date Original Filed(Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/10/2015   S   77,986 (1) D $ 55.62 (2) 89,955 D  
Common Stock 11/11/2015   S   2,913 (1) D $ 54.73 87,042 D  
Common Stock 11/11/2015   J(3)   42,884 (3) D $ 0 44,158 D  
Common Stock 11/12/2015   S(4)   4,800 D $ 54.15 (5) 39,358 D  
Common Stock 11/12/2015   S(4)   10,200 D $ 54.79 (6) 29,158 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HUGHES JAMES ALTON
C/O FIRST SOLAR
350 WEST WASHINGTON STREET, SUITE 600
TEMPE, AZ 85281-1244
  X     Chief Executive Officer  

Signatures

 /s/ Peter C. Bartolino, Attorney-in-fact   11/12/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) Represents shares of common stock sold by the reporting person to satisfy certain tax withholding obligations associated with the issuance of common stock relating to the vesting of KSTEPP performance units, as described in the Form 4 filed by the reporting person with the Securities and Exchange Commission on November 10, 2015. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on November 19, 2014.
(2) This transaction was executed in multiple trades at prices ranging from $54.63 to $58.60. The price reported above reflects the weighted average sale price for the transactions reported on this line.
(3) Represents shares transferred to the reporting person's ex-spouse pursuant to a divorce decree. The securities owned by the ex-spouse are not beneficially owned by the reporting person. Half of the shares issued pursuant to vesting of the performance units grant (subsequent to the sale of shares to satisfy certain tax withholding obligations associated with the vesting of the performance units) are required to be transferred to the reporting person's ex-spouse pursuant to the divorce decree.
(4) This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on August 21, 2015.
(5) This transaction was executed in multiple trades at prices ranging from $53.52 to $54.51. The price reported above reflects the weighted average sale price for the transactions reported on this line.
(6) This transaction was executed in multiple trades at prices ranging from $54.52 to $55.29. The price reported above reflects the weighted average sale price for the transactions reported on this line.

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