SEC Form 4 · accession 0001352816-18-000005
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Branderiz
Officer — VP, Chief Accounting Officer
Period of report
Mar 5, 2018
Accepted (ET)
Mar 7, 2018 · 8:29 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 StockF2 | Mar 5, 2018 | M | 1,201 | $0.00 | A | 2,474 | D | |
| Common Stock | Mar 6, 2018 | F | 636 | $333.75 | D | 1,838 | D | |
| Common Stock | Mar 7, 2018 | S | 452 | $325.44 | D | 1,386 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF5 | $0.00 | Mar 5, 2018 | M | 1,201 | D | — | — | Common Stock | 1,201 | 13,221 | D |
Explanation of responses
- F1Shares of the Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on March 5, 2018.
- F2Amount of securities beneficially owned includes 71 shares acquired under the Tesla, Inc. Employee Stock Purchase Plan on February 28, 2018.
- F3PURSUANT TO THE ISSUER'S EQUITY PLAN AND POLICIES, THESE SHARES OF COMMON STOCK WERE AUTOMATICALLY WITHHELD AND SOLD BY THE ISSUER TO SATISFY THE REPORTING PERSON'S TAX WITHHOLDING OBLIGATIONS RELATED TO THE VESTING OF RESTRICTED STOCK UNITS REPORTED HEREIN.
- F4Effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2017.
- F54,808 of the restricted stock units included in this grant vested on December 5, 2017 and the remaining 14,422 shares commenced vesting in twelve equal quarterly installments beginning March 5, 2018.