SEC Form 4 · accession 0001494731-15-000021
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen T Jurvetson
Director
Period of report
Dec 4, 2015
Accepted (ET)
Dec 8, 2015 · 8:50 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 4, 2015 | M | 5,556 | $29.66 | A | 5,556 | D | |
| Common Stock | Dec 4, 2015 | M | 1,334 | $29.66 | A | 6,890 | D | |
| Common StockF1 | holding | — | — | — | 48,920 | I | by Trust |
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)F2 | $29.66 | Dec 4, 2015 | M | 5,556 | D | — | Jun 12, 2019 | Common Stock | 5,556 | 1,334 | D |
| Non-Qualified Stock Option (right to buy)F3 | $29.66 | Dec 4, 2015 | M | 1,334 | D | — | Jun 12, 2019 | Common Stock | 0 | 0 | D |
Explanation of responses
- F1These shares are held directly by the Steve and Karla Jurvetson Living Trust dated August 27, 2002.
- F21/36th of the shares granted shall become vested and exercisable as of each monthly anniversary of the date of grant, such that all shares subject to the Option shall be fully vested and exercisable by the third anniversary of the grant date. Pursuant to the issuer's Outside Director Compensation Policy, these equity awards were granted to the reporting person in connection with his service on the committees of the issuer's Board of Directors.
- F31/24th of the shares granted shall become vested and exercisable as of each monthly anniversary beginning on June 8, 2013, such that all shares subject to the Option shall be fully vested and exercisable by June 8, 2015.