SEC Form 4 · accession 0001494727-18-000002
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
Nov 7, 2018
Accepted (ET)
Nov 9, 2018 · 8:31 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 StockF1 | Nov 7, 2018 | M | 15,000 | $20.72 | A | 341,398 | D | |
| Common StockF2 | Nov 7, 2018 | S | 3,670 | $347.46 | D | 337,728 | D | |
| Common StockF3 | Nov 7, 2018 | S | 6,530 | $348.23 | D | 331,198 | D | |
| Common StockF4 | Nov 7, 2018 | S | 4,200 | $349.39 | D | 326,998 | D | |
| Common StockF5 | Nov 7, 2018 | S | 600 | $349.97 | D | 326,398 | D | |
| Common Stock | Nov 7, 2018 | G | 20,000 | $0.00 | D | 306,398 | 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 | $20.72 | Nov 7, 2018 | M | 15,000 | D | — | Sep 13, 2020 | Common Stock | 15,000 | 5,000 | D |
Explanation of responses
- F1Amount of securities beneficially owned includes 97 shares acquired under Tesla, Inc.'s employee stock purchase plan since the date of the reporting person's last Form 4 that reported shares of common stock owned.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $346.80 to $347.79, 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 for this 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 $347.87 to $348.80, 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 for this 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 $348.88 to $349.87, 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 for this 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 $349.93 to $350.00, 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 for this in this footnote.
- F620,000 Tesla shares were gifted to charity.
- F71/4th of the shares subject to the option became equally vested and exercisable on each of January 21, 2011, October 1, 2011, September 12, 2012, and June 4, 2013.