SEC Form 4 · accession 0001494732-15-000007
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Reichow
Officer — VP Manufacturing
Period of report
Nov 6, 2015
Accepted (ET)
Nov 10, 2015 · 9:30 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 | Nov 6, 2015 | M | 7,709 | $25.27 | A | 7,859 | D | |
| Common Stock | Nov 6, 2015 | M | 5,000 | $139.34 | A | 12,859 | D | |
| Common StockF1,F2 | Nov 6, 2015 | S | 12,709 | $231.596 | D | 150 | 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)F3 | $25.27 | Nov 6, 2015 | M | 7,709 | D | — | Apr 11, 2021 | Common Stock | 7,709 | 25,125 | D |
| Non-Qualified Stock Option (right to buy)F3 | $139.34 | Nov 6, 2015 | M | 5,000 | D | — | Jan 13, 2024 | Common Stock | 5,000 | 60,000 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $231.78 to $231.64, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, 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.
- F2Amount of securities beneficially owned includes 40 shares acquired under the Tesla Motors, Inc. Employee Stock Purchase Plan on August 31, 2015.
- F31/4th of the shares subject to the option become vested and exercisable one year from hire date and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter.