SEC Form 4 · accession 0001650649-16-000017
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Douglas Field
Officer — VP, Engineering
Period of report
Dec 5, 2016
Accepted (ET)
Dec 7, 2016 · 7:42 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 5, 2016 | M | 3,593 | $0.00 | A | 17,162 | D | |
| Common Stock | Dec 5, 2016 | M | 563 | $0.00 | A | 17,725 | D | |
| Common Stock | Dec 5, 2016 | M | 189 | $0.00 | A | 17,914 | D | |
| Common Stock | Dec 5, 2016 | M | 1,060 | $0.00 | A | 18,974 | D | |
| Common Stock | Dec 6, 2016 | F | 1,888 | $185.519 | D | 17,086 | D | |
| Common Stock | Dec 6, 2016 | F | 296 | $185.52 | D | 16,790 | D | |
| Common Stock | Dec 6, 2016 | F | 100 | $185.52 | D | 16,690 | D | |
| Common Stock | Dec 6, 2016 | F | 557 | $185.519 | D | 16,133 | 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 | $0.00 | Dec 5, 2016 | M | 3,593 | D | — | — | Common Stock | 3,593 | 10,777 | D |
| Restricted Stock UnitF4 | $0.00 | Dec 5, 2016 | M | 563 | D | — | — | Common Stock | 563 | 5,629 | D |
| Restricted Stock UnitF5 | $0.00 | Dec 5, 2016 | M | 189 | D | — | — | Common Stock | 189 | 2,267 | D |
| Restricted Stock UnitF6 | $0.00 | Dec 5, 2016 | M | 1,060 | D | — | — | Common Stock | 1,060 | 7,420 | D |
Explanation of responses
- F1Shares of the Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on December 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.
- F321,555 of the restricted units included in this grant commenced vesting in six equal quarterly installments beginning June 5, 2016.
- F47,318 of the restricted units included in this grant commenced vesting in thirteen equal quarterly installments beginning June 5, 2016.
- F52,834 of the restricted units included in this grant commenced vesting in fifteen equal quarterly installments beginning June 5, 2016.
- F61,060 of the restricted units included in this grant vested on December 5, 2016 and the remaining 7,420 will commence vesting in fourteen equal quarterly installments beginning March 5, 2017.