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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1. Name and Address of Reporting Person * MEYERHOFF JENS   2. Issuer Name and Ticker or Trading Symbol FIRST SOLAR, INC. [FSLR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) C/O FIRST SOLAR, INC., 350 WEST WASHINGTON STREET SUITE 600 3. Date of Earliest Transaction (Month/Day/Year) 06/10/2008 (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 06/10/2008   M   13 A $ 20 5,013 D   Common Stock 06/10/2008   S(1)   13 D $ 235.74 5,000 D   Common Stock 06/10/2008   M   4 A $ 20 5,004 D   Common Stock 06/10/2008   S(1)   4 D $ 235.13 5,000 D   Common Stock 06/10/2008   M   13 A $ 20 5,013 D   Common Stock 06/10/2008   S(1)   13 D $ 235.12 5,000 D   Common Stock 06/10/2008   M   36 A $ 20 5,036 D   Common Stock 06/10/2008   S(1)   36 D $ 235.14 5,000 D   Common Stock 06/10/2008   M   54 A $ 20 5,054 D   Common Stock 06/10/2008   S(1)   54 D $ 235.09 5,000 D   Common Stock 06/10/2008   M   13 A $ 20 5,013 D   Common Stock 06/10/2008   S(1)   13 D $ 235.01 5,000 D   Common Stock 06/10/2008   M   68 A $ 20 5,068 D   Common Stock 06/10/2008   S(1)   68 D $ 235.15 5,000 D   Common Stock 06/10/2008   M   13 A $ 20 5,013 D   Common Stock 06/10/2008   S(1)   13 D $ 236.04 5,000 D   Common Stock 06/10/2008   M   13 A $ 20 5,013 D   Common Stock 06/10/2008   S(1)   13 D $ 236.47 5,000 D   Common Stock 06/10/2008   M   27 A $ 20 5,027 D   Common Stock 06/10/2008   S(1)   27 D $ 236.24 5,000 D   Common Stock 06/10/2008   M   13 A $ 20 5,013 D   Common Stock 06/10/2008   S(1)   13 D $ 236.39 5,000 D   Common Stock 06/10/2008   M   27 A $ 20 5,027 D   Common Stock 06/10/2008   S(1)   27 D $ 237.07 5,000 D   Common Stock 06/10/2008   M   13 A $ 20 5,013 D   Common Stock 06/10/2008   S(1)   13 D $ 236.78 5,000 D   Common Stock 06/10/2008   M   27 A $ 20 5,027 D   Common Stock 06/10/2008   S(1)   27 D $ 238.8 5,000 D   Common Stock 06/10/2008   M   3 A $ 20 5,003 D   Common Stock 06/10/2008   S(1)   3 D $ 239.98 5,000 D

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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
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			13	(2)	11/16/2013	Common Stock	13	$ 0	114,439	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			4	(2)	11/16/2013	Common Stock	4	$ 0	114,435	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			13	(2)	11/16/2013	Common Stock	13	$ 0	114,422	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			36	(2)	11/16/2013	Common Stock	36	$ 0	114,386	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			54	(2)	11/16/2013	Common Stock	54	$ 0	114,332	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			13	(2)	11/16/2013	Common Stock	13	$ 0	114,319	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			68	(2)	11/16/2013	Common Stock	68	$ 0	114,251	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			13	(2)	11/16/2013	Common Stock	13	$ 0	114,238	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			13	(2)	11/16/2013	Common Stock	13	$ 0	114,225	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			27	(2)	11/16/2013	Common Stock	27	$ 0	114,198	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			13	(2)	11/16/2013	Common Stock	13	$ 0	114,185	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			27	(2)	11/16/2013	Common Stock	27	$ 0	114,158	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			13	(2)	11/16/2013	Common Stock	13	$ 0	114,145	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			27	(2)	11/16/2013	Common Stock	27	$ 0	114,118	D
Non-Qualified Stock Option (right to buy)	$ 20	06/10/2008		M			3	(2)	11/16/2013	Common Stock	3	$ 0	114,115	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MEYERHOFF JENS C/O FIRST SOLAR, INC. 350 WEST WASHINGTON STREET SUITE 600 TEMPE, AZ 85281-1244			Chief Financial Officer

Signatures

/s/ I. Paul Kacir, Attorney-in-Fact		06/12/2008
**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)	The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
(2)	The option vested with respect to 20% of the underlying shares on June 1, 2007 and will vest ratably for the 48 month period thereafter, subject to Mr. Meyerhoff's continued employment with First Solar, Inc.

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