SEC Form 4 · accession 0001503210-15-000006
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerome M Guillen
Officer — VP Service and Sales Ops
Period of report
May 11, 2015
Accepted (ET)
May 13, 2015 · 9:36 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 | May 11, 2015 | M | 1,250 | $28.43 | A | 3,912 | D | |
| Common Stock | May 11, 2015 | M | 5,569 | $30.55 | A | 9,481 | D | |
| Common Stock | May 11, 2015 | M | 6,431 | $30.55 | A | 15,912 | D | |
| Common StockF1 | May 11, 2015 | S | 13,250 | $241.111 | D | 2,662 | D |
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 | $28.43 | May 11, 2015 | M | 1,250 | D | — | Jun 13, 2021 | Common Stock | 1,250 | 625 | D |
| Incentive Stock Option (right to buy)F3 | $30.55 | May 11, 2015 | M | 6,431 | D | — | Dec 13, 2020 | Common Stock | 6,431 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $30.55 | May 11, 2015 | M | 5,569 | D | — | Dec 13, 2020 | Common Stock | 5,569 | 0 | 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 $241.07 to $241.38, 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.
- F21/48th of the shares subject to the option will vest on each monthly anniversary of the grant date, so that all such shares will be vested as of the fourth anniversary of the grant date.
- 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.