SEC Form 4 · accession 0001494727-15-000002

Tesla, Inc. · TSLA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Jeffrey B Straubel

Officer — Chief Technical Officer

Period of report

Jun 15, 2015

Accepted (ET)

Jun 17, 2015 · 6:56 pm EDT

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
Common Stock	Jun 15, 2015	M	10,000	$6.63	A	144,902	D
Common Stock^F2	Jun 15, 2015	S	1,112	$246.969	D	143,790	D
Common Stock^F3	Jun 15, 2015	S	2,669	$247.914	D	141,121	D
Common Stock^F4	Jun 15, 2015	S	2,074	$248.908	D	139,047	D
Common Stock^F5	Jun 15, 2015	S	3,545	$250.064	D	135,502	D
Common Stock^F6	Jun 15, 2015	S	600	$250.632	D	134,902	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)^F7	$6.63	Jun 15, 2015	M	10,000	D	—	Dec 3, 2016	Common Stock	10,000	88,430	D

Explanation of responses

F1The stock option exercise and sales reported on this Form 4 were effected pursuant to a pre-determined Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2015. The reporting person adopted the trading plan to periodically exercise long held stock options that are expiring in 2016.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.32 to $247.2482, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, 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.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.38 to $248.35, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, 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 $248.40 to $249.36, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, 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.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.4848 to $250.41, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, 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.
F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.54 to $250.80, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, 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.
F71/48th of the shares subject to the option vested on each monthly anniversary beginning on 9/16/2009 and was fully vested as of 8/16/2013.