SEC Form 4 · accession 0001584518-18-000005
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerome M Guillen
Officer — President, Automotive
Period of report
Dec 3, 2018
Accepted (ET)
Dec 6, 2018 · 9:39 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 3, 2018 | M | 1,000 | $139.34 | A | 8,598 | D | |
| Common Stock | Dec 3, 2018 | S | 1,000 | $360.28 | D | 7,598 | D | |
| Common Stock | Dec 5, 2018 | M | 285 | $0.00 | A | 7,883 | D | |
| Common Stock | Dec 5, 2018 | F | 143 | $356.01 | D | 7,740 | D | |
| Common Stock | Dec 5, 2018 | M | 242 | $0.00 | A | 7,982 | D | |
| Common Stock | Dec 5, 2018 | F | 122 | $355.998 | D | 7,860 | D |
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)F4 | $139.34 | Dec 3, 2018 | M | 1,000 | D | — | Jan 13, 2024 | Common Stock | 1,000 | 35,250 | D |
| Restricted Stock UnitF5 | $0.00 | Dec 5, 2018 | M | 285 | D | — | — | Common Stock | 285 | 1,706 | D |
| Restricted Stock UnitF6 | $0.00 | Dec 5, 2018 | M | 242 | D | — | — | Common Stock | 242 | 2,422 | D |
Explanation of responses
- F1The sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2018.
- F2Shares of the Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on December 5, 2018.
- F3PURSUANT TO THE ISSUER'S EQUITY PLAN AND POLICIES, SHARES OF COMMON STOCK WERE AUTOMATICALLY WITHHELD AND SOLD BY THE ISSUER TO SATISFY THE REPORTING PERSON'S TAX WITHHOLDING OBLIGATIONS RELATED TO THE VESTING OF RESTRICTED STOCK UNITS REPORTED HEREIN.
- F41/4th of the shares subject to the option vested and became exercisable on each of October 6, 2015, May 15, 2017, and July 30, 2017, and the remainder of the shares subject to the option shall become vested and exercisable upon achievement of a certain performance milestone specified in the option agreement.
- F51/16th of the total restricted stock units initially subject to this award vested on September 5, 2016, and 1/16th of the total units initially subject to this award vest every three months thereafter.
- F61/16th of the total restricted stock units initially subject to this award vested on September 5, 2017, and 1/16th of the total units initially subject to this award vest every three months thereafter.