SEC Form 4 · accession 0001494727-19-000001
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
Dec 28, 2018
Accepted (ET)
Jan 2, 2019 · 9:31 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 Stock | Dec 28, 2018 | M | 5,000 | $20.72 | A | 311,398 | D | |
| Common Stock | Dec 28, 2018 | M | 8,600 | $28.45 | A | 319,998 | D | |
| Common Stock | Dec 28, 2018 | M | 350 | $27.25 | A | 320,348 | D | |
| Common Stock | Dec 28, 2018 | M | 350 | $23.25 | A | 320,698 | D | |
| Common Stock | Dec 28, 2018 | M | 700 | $29.12 | A | 321,398 | D | |
| Common StockF2 | Dec 28, 2018 | S | 400 | $319.635 | D | 320,998 | D | |
| Common StockF3 | Dec 28, 2018 | S | 500 | $320.748 | D | 320,498 | D | |
| Common StockF4 | Dec 28, 2018 | S | 864 | $322.014 | D | 319,634 | D | |
| Common StockF5 | Dec 28, 2018 | S | 7,500 | $323.23 | D | 312,134 | D | |
| Common StockF6 | Dec 28, 2018 | S | 607 | $324.103 | D | 311,527 | D | |
| Common StockF7 | Dec 28, 2018 | S | 700 | $325.497 | D | 310,827 | D | |
| Common StockF8 | Dec 28, 2018 | S | 300 | $326.66 | D | 310,527 | D | |
| Common StockF9 | Dec 28, 2018 | S | 300 | $328.703 | D | 310,227 | D | |
| Common StockF10 | Dec 28, 2018 | S | 700 | $330.523 | D | 309,527 | D | |
| Common StockF11 | Dec 28, 2018 | S | 1,000 | $331.477 | D | 308,527 | D | |
| Common StockF12 | Dec 28, 2018 | S | 800 | $332.568 | D | 307,727 | D | |
| Common StockF13 | Dec 28, 2018 | S | 1,029 | $333.691 | D | 306,698 | D | |
| Common StockF14 | Dec 28, 2018 | S | 300 | $334.893 | 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)F15 | $20.72 | Dec 28, 2018 | M | 5,000 | D | — | Sep 13, 2020 | Common Stock | 5,000 | 0 | D |
| Non-Qualified Stock Option (right to buy)F16 | $23.25 | Dec 28, 2018 | M | 350 | D | — | Mar 14, 2021 | Common Stock | 350 | 0 | D |
| Non-Qualified Stock Option (right to buy)F17 | $27.25 | Dec 28, 2018 | M | 350 | D | — | Jan 9, 2022 | Common Stock | 350 | 0 | D |
| Non-Qualified Stock Option (right to buy)F18 | $28.45 | Dec 28, 2018 | M | 8,600 | D | — | Jan 10, 2021 | Common Stock | 8,600 | 37,191 | D |
| Non-Qualified Stock Option (right to buy)F19 | $29.12 | Dec 28, 2018 | M | 700 | D | — | Jun 11, 2022 | Common Stock | 700 | 0 | 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 November 12, 2018.
- F10The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $330.00 to $330.87, 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 forth in this footnote.
- F11The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $331.07 to $332.04, 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.
- F12The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $332.10 to $332.99, 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.
- F13The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $333.24 to $334.22, 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.
- F14The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $334.38 to $335.28, 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.
- F151/4th 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.
- F16100% of the shares subject to the option became vested and exercisable on March 14, 2011.
- F17100% of the shares subject to the option became vested and exercisable on January 9, 2012.
- F181,041 of the shares subject to the option became vested and exercisable on February 10, 2011 and 1/48th of the shares subject to the option became vested and exercisable each month thereafter such that all shares subject to the Option became fully vested and exercisable by January 10, 2015.
- F19100% of the shares subject to the option became vested and exercisable on June 11, 2012.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $319.15 to $319.97, 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.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $320.31 to $321.17, 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 $321.50 to $322.45, 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.
- F5The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $322.65 to $323.47, 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.
- F6The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $323.69 to $324.68, 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.
- F7The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.17 to $325.90, 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.
- F8The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.23 to $327.20, 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.
- F9The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.60 to $328.87, 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 forth in this footnote.