SEC Form 4 · accession 0001650649-16-000011
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Reichow
Officer — VP Manufacturing · Other
Period of report
Mar 5, 2016
Accepted (ET)
Mar 8, 2016 · 9:37 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 | 252 | $0.00 | A | 444 | D | |
| Common Stock | Mar 7, 2016 | F | 112 | $197.647 | D | 332 | 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 UnitF3,F4 | $0.00 | Mar 5, 2016 | M | 252 | D | — | — | Common Stock | 252 | 3,778 | D |
Explanation of responses
- F1Shares of Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on March 5, 2016.
- F2PURSUANT 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.
- F3Restricted stock units convert into shares of common stock on a one-for-one basis.
- F4The remaining restricted stock units vest in fifteen equal quarterly installments beginning June 5, 2016.