SEC Form 4/A · accession 0001288257-18-000001
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Kimbal Musk
Director
Period of report
May 1, 2017
Accepted (ET)
Feb 14, 2018 · 8:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001318605
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3 | May 1, 2017 | S | 1,791 | $315.523 | D | 164,064 | D | |
| Common StockF4 | May 1, 2017 | S | 400 | $316.153 | D | 163,664 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F5 | $22.66 | May 1, 2017 | M | 2,500 | A | — | Jun 12, 2019 | Common Stock | 2,500 | 12,500 | D |
Explanation of responses
- F1The sale of these shares was omitted from the reporting person's original Form 4 filed on May 3, 2017, and as a result, the reporting person's holdings have been overstated by 2,191 shares on all Forms 4 filed after May 3, 2017 and before this filing. The corrected number of shares held by the reporting person as of the date hereof is 148,333.
- F2The sale transactions reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2017.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $315.00 to $315.96, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $316.04 to $316.19, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F51/24th of the shares granted shall become vested and exercisable as of each monthly anniversary beginning on June 8, 2013, such that all shares subject to the Option shall be fully vested and exercisable by June 8, 2015.