SEC Form 4 · accession 0001494727-19-000003
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
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 9:27 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 | Feb 28, 2019 | M | 15,000 | $28.45 | A | 321,398 | D | |
| Common StockF2 | Feb 28, 2019 | S | 1,000 | $311.659 | D | 320,398 | D | |
| Common StockF3 | Feb 28, 2019 | S | 800 | $312.716 | D | 319,598 | D | |
| Common StockF4 | Feb 28, 2019 | S | 700 | $313.727 | D | 318,898 | D | |
| Common StockF5 | Feb 28, 2019 | S | 500 | $314.648 | D | 318,398 | D | |
| Common StockF6 | Feb 28, 2019 | S | 1,910 | $316.049 | D | 316,488 | D | |
| Common StockF7 | Feb 28, 2019 | S | 3,800 | $316.983 | D | 312,688 | D | |
| Common StockF8 | Feb 28, 2019 | S | 1,700 | $318.074 | D | 310,988 | D | |
| Common StockF9 | Feb 28, 2019 | S | 3,218 | $319.338 | D | 307,770 | D | |
| Common StockF10 | Feb 28, 2019 | S | 1,372 | $319.885 | 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)F11 | $28.45 | Feb 28, 2019 | M | 15,000 | D | — | Jan 10, 2021 | Common Stock | 15,000 | 7,191 | 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 $319.80 to $319.99, 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.
- F111,041 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.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.20 to $311.96, 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.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $312.26 to $313.10, 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 $313.28 to $314.21, 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 $314.33 to $315.00, 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 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 $315.60 to $316.59, 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 $316.61 to $317.55, 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 $317.68 to $318.59, 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 $318.78 to $319.75, 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.