SEC Form 4 · accession 0001495158-17-000002
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Antonio J. Gracias
Director
Period of report
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 8:17 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 6, 2017 | M | 5,600 | $9.96 | A | 5,600 | D | |
| Common StockF2 | Feb 6, 2017 | S | 700 | $252.07 | D | 4,900 | D | |
| Common StockF3 | Feb 6, 2017 | S | 1,600 | $253.364 | D | 3,300 | D | |
| Common StockF4 | Feb 6, 2017 | S | 1,200 | $254.318 | D | 2,100 | D | |
| Common StockF5 | Feb 6, 2017 | S | 700 | $255.572 | D | 1,400 | D | |
| Common StockF6 | Feb 6, 2017 | S | 1,300 | $256.338 | D | 100 | D | |
| Common Stock | Feb 6, 2017 | S | 100 | $257.24 | D | 0 | D | |
| Common StockF7 | holding | — | — | — | 225,506 | I | by AJG Growth Fund | |
| Common StockF8 | holding | — | — | — | 50,886 | I | by VEP II |
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) | $9.96 | Feb 6, 2017 | M | 5,600 | D | Mar 3, 2011 | Mar 2, 2017 | Common Stock | 5,600 | 5,466 | D |
Explanation of responses
- F1The sale transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 1, 2016.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.70 to $252.41, 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 $252.79 to $253.77, 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 $253.82 to $254.80, 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 $254.925 to $255.82, 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 $255.94 to $256.89, 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 reporting person indirectly beneficially owns a total of 225,506 shares owned through AJG Growth Fund LLC ("AJG Growth Fund").
- F8The reporting person indirectly beneficially owns a total of 50,886 shares owned through Valor Equity Management II, LP ("VEP II").