SEC Form 4 · accession 0001495158-18-000004

Tesla, Inc. · TSLA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Antonio J. Gracias

Director

Period of report

Dec 20, 2018

Accepted (ET)

Dec 26, 2018 · 7:08 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 20, 2018	M	7,200	$30.08	A	24,332	D
Common Stock^F2	Dec 20, 2018	S	400	$313.52	D	23,932	D
Common Stock^F3	Dec 20, 2018	S	990	$315.26	D	22,942	D
Common Stock^F4	Dec 20, 2018	S	1,400	$316.50	D	21,542	D
Common Stock^F5	Dec 20, 2018	S	400	$317.48	D	21,142	D
Common Stock	Dec 20, 2018	S	10	$318.50	D	21,132	D
Common Stock	Dec 20, 2018	S	100	$319.57	D	21,032	D
Common Stock^F6	Dec 20, 2018	S	1,300	$321.05	D	19,732	D
Common Stock^F7	Dec 20, 2018	S	700	$322.17	D	19,032	D
Common Stock^F8	Dec 20, 2018	S	900	$323.51	D	18,132	D
Common Stock^F9	Dec 20, 2018	S	700	$324.54	D	17,432	D
Common Stock^F10	Dec 20, 2018	S	100	$325.55	D	17,332	D
Common Stock	Dec 20, 2018	S	100	$325.67	D	17,232	D
Common Stock	Dec 20, 2018	S	100	$327.50	D	17,132	D
Common Stock^F11	Dec 20, 2018	S	490	$318.61	D	16,642	D
Common Stock^F12	Dec 20, 2018	S	600	$319.98	D	16,042	D
Common Stock	Dec 20, 2018	S	100	$320.57	D	15,942	D
Common Stock	Dec 21, 2018	M	7,200	$30.08	A	23,142	D
Common Stock^F13	Dec 21, 2018	S	1,200	$314.13	D	21,942	D
Common Stock^F14	Dec 21, 2018	S	500	$314.95	D	21,442	D
Common Stock^F15	Dec 21, 2018	S	1,700	$316.15	D	19,742	D
Common Stock^F16	Dec 21, 2018	S	1,910	$318.85	D	17,832	D
Common Stock^F17	Dec 21, 2018	S	1,090	$319.90	D	16,742	D
Common Stock^F18	Dec 21, 2018	S	700	$321.11	D	16,042	D
Common Stock	Dec 21, 2018	S	100	$321.91	D	15,942	D
Common Stock^F19	Dec 21, 2018	S	700	$317.12	D	15,242	D
Common Stock^F20	Dec 21, 2018	S	490	$318.22	D	14,752	D
Common Stock^F21	holding	—	—		—	271,778	I	by AJG Growth Fund
Common Stock^F22	holding	—	—		—	4,253	I	by VEM 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)^F23	$30.08	Dec 20, 2018	M	7,200	D	—	Jun 8, 2019	Common Stock	7,200	9,466	D
Non-Qualified Stock Option (right to buy)^F23	$30.08	Dec 21, 2018	M	7,200	D	—	Jun 8, 2019	Common Stock	7,200	2,266	D

Explanation of responses

F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 5, 2018.
F10The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.54 to $325.55, 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.
F11The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $318.25 to $318.93, 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.
F12The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $319.51 to $320.34, 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.
F13The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $313.53 to $314.50, 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.
F14The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $314.54 to $315.50, 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.
F15The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $315.75 to $316.65, 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.
F16The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $318.42 to $319.21, 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.
F17The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $319.58 to $320.48, 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.
F18The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $320.67 to $321.42, 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.
F19The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $316.84 to $317.81, 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.
F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $313.03 to $313.85, 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.
F20The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $317.89 to $318.73, 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.
F21These shares are owned directly by AJG Growth Fund LLC. The reporting person is the manager of AJG Growth Fund LLC and may be deemed to have an indirect pecuniary interest in the shares owned by AJG Growth Fund LLC. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
F22These shares are owned directly by Valor Equity Management II, LP. The reporting person is the manager of Valor Equity Management II, LP and may be deemed to have an indirect pecuniary interest in the shares owned by Valor Equity Management II, LP. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
F23100% of the shares subject to the option became vested and exercisable on June 8, 2013.
F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $314.59 to $315.58, 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 $316.00 to $316.70, 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 $317.05 to $317.80, 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.
F6The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $320.57 to $321.48, 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $321.82 to $322.72, 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.
F8The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $323.12 to $324.01, 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.
F9The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $324.12 to $325.02, 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.