SEC Form 4 · accession 0001503210-15-000008
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Reichow
Officer — VP Manufacturing
Period of report
May 11, 2015
Accepted (ET)
May 13, 2015 · 9:38 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 | 7,742 | $25.27 | A | 7,852 | D | |
| Common StockF1 | May 11, 2015 | S | 7,742 | $239.529 | D | 110 | D | |
| Common Stock | May 11, 2015 | M | 2,258 | $25.27 | A | 2,368 | D | |
| Common StockF1,F2 | May 11, 2015 | S | 2,258 | $239.5286 | D | 110 | 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)F3 | $25.27 | May 11, 2015 | M | 7,742 | D | — | Apr 11, 2021 | Common Stock | 7,742 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $25.27 | May 11, 2015 | M | 2,258 | D | — | Apr 11, 2021 | Common Stock | 2,258 | 32,834 | 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 $239.50 to $239.71, 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 31 shares acquired under the Tesla Motors, Inc. Employee Stock Purchase Plan on August 29, 2014, and 38 shares acquired on February 27, 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.