SEC Form 4 · accession 0001650649-15-000006
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Douglas Field
Officer — VP, Engineering, Vehicle R&D
Period of report
Sep 5, 2015
Accepted (ET)
Sep 9, 2015 · 8:23 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 StockF2 | Sep 5, 2015 | M | 14,371 | — | A | 14,386 | D | |
| Common StockF3 | Sep 8, 2015 | F | 6,930 | $245.05 | D | 7,456 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F4 | $0.00 | Sep 5, 2015 | M | 14,371 | D | — | — | Common Stock | 14,371 | 28,740 | D |
Explanation of responses
- F1Shares of Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on September 5, 2015.
- F2Restricted stock units convert into shares of common stock on a one-for-one basis.
- F3PURSUANT TO THE ISSUER'S EQUITY PLAN AND POLICIES, 6,930 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.
- F4The remaining restricted stock units following the reported transactions vest in two equal installments beginning September 5, 2016.