SEC Form 4 · accession 0001494731-16-000022
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimbal Musk
Director
Period of report
Mar 18, 2016
Accepted (ET)
Mar 22, 2016 · 6:20 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 18, 2016 | M | 11,997 | $30.08 | A | 164,322 | D | |
| Common Stock | Mar 18, 2016 | S | 11,997 | $232.71 | D | 152,325 | 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)F2 | $30.08 | Mar 18, 2016 | M | 11,997 | D | — | Jun 8, 2019 | Common Stock | 11,997 | 0 | D |
Explanation of responses
- F1The sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2015.
- F2100% of the shares subject to the option shall vest and become exercisable on the earlier of the first anniversary date of the grant or the day prior to the date of the next annual meeting of the stockholders of the Company following date of grant.