SEC Form 4 · accession 0001494732-18-000013
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deepak Ahuja
Officer — Chief Financial Officer
Period of report
Oct 22, 2018
Accepted (ET)
Oct 23, 2018 · 8:08 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 | Oct 22, 2018 | M | 5,035 | $31.49 | A | 28,515 | D | |
| Common Stock | holding | — | — | — | 38,989 | I | Ahuja Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F2 | $31.49 | Oct 22, 2018 | M | 5,035 | D | — | Feb 13, 2022 | Common Stock | 5,035 | 2,000 | D |
Explanation of responses
- F1The transactions reported on this Form 4 represent a cash exercise of options by the reporting person for 5,035 shares of the Issuer's Common stock and are exempt from Section 16(b) by reason of Rule 16b-3. No sales of Issuer stock have occurred as part of these transactions.
- F21/48th of the shares subject to the option became vested and exercisable on March 13, 2012 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 February 13, 2016.