SEC Form 4 · accession 0001650649-16-000010
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Douglas Field
Officer — VP Vehicle Programs
Period of report
Mar 5, 2016
Accepted (ET)
Mar 8, 2016 · 9:35 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 | Mar 5, 2016 | M | 1,689 | $0.00 | A | 9,145 | D | |
| Common Stock | Mar 5, 2016 | M | 189 | $0.00 | A | 9,334 | D | |
| Common Stock | Mar 5, 2016 | M | 7,185 | $0.00 | A | 16,519 | D | |
| Common Stock | Mar 7, 2016 | F | 897 | $197.647 | D | 15,622 | D | |
| Common Stock | Mar 7, 2016 | F | 101 | $197.647 | D | 15,521 | D | |
| Common Stock | Mar 7, 2016 | F | 3,092 | $197.647 | D | 12,429 | 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 UnitF1 | $0.00 | Mar 5, 2016 | M | 189 | D | — | — | Common Stock | 189 | 2,834 | D |
| Restricted Stock UnitF2 | $0.00 | Mar 5, 2016 | M | 7,185 | D | — | — | Common Stock | 7,185 | 21,555 | D |
| Restricted Stock UnitF3 | $0.00 | Mar 5, 2016 | M | 1,689 | D | — | — | Common Stock | 1,689 | 7,318 | D |
Explanation of responses
- F1The remaining restricted stock units vest in fifteen equal quarterly installments beginning June 5, 2016.
- F2The remaining restricted stock units vest in six equal quarterly installments beginning June 5, 2016.
- F3The remaining restricted stock units vest in thirteen equal quarterly installments beginning June 5, 2016.
- F4Shares of the Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on March 5, 2016.
- F5PURSUANT TO THE ISSUER'S EQUITY PLAN AND POLICIES, SHARES OF COMMON STOCK WERE AUTOMATICALLY WITHHELD AND SOLD BY THE ISSUER TO SATISFY THE PREPORTING PERSON'S TAX WITHHOLDING OBLIGATIONS RELATED TO THE VESTING OF RESTRICTED STOCK UNITS REPORTED HEREIN.