SEC Form 4 · accession 0001650649-18-000001
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Douglas Field
Officer — Senior VP, Engineering
Period of report
Jun 5, 2018
Accepted (ET)
Jun 7, 2018 · 9:00 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 Stock | Jun 5, 2018 | M | 563 | $0.00 | A | 20,424 | D | |
| Common Stock | Jun 5, 2018 | M | 530 | $0.00 | A | 20,954 | D | |
| Common Stock | Jun 5, 2018 | M | 1,520 | $0.00 | A | 22,474 | D | |
| Common Stock | Jun 5, 2018 | M | 189 | $0.00 | A | 22,663 | D | |
| Common Stock | Jun 6, 2018 | F | 95 | $300.52 | D | 22,568 | D | |
| Common Stock | Jun 6, 2018 | F | 281 | $300.52 | D | 22,287 | D | |
| Common Stock | Jun 6, 2018 | F | 265 | $300.52 | D | 22,022 | D | |
| Common Stock | Jun 6, 2018 | F | 758 | $300.52 | D | 21,264 | 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 | Jun 5, 2018 | M | 563 | D | — | — | Common Stock | 563 | 2,251 | D |
| Restricted Stock UnitF4 | $0.00 | Jun 5, 2018 | M | 189 | D | — | — | Common Stock | 189 | 1,133 | D |
| Restricted Stock UnitF5 | $0.00 | Jun 5, 2018 | M | 530 | D | — | — | Common Stock | 530 | 4,240 | D |
| Restricted Stock UnitF6 | $0.00 | Jun 5, 2018 | M | 1,520 | D | — | — | Common Stock | 1,520 | 19,769 | 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 June 5, 2018.
- F2PURSUANT TO THE ISSUER'S EQUITY PLAN AND POLICIES, THESE 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.
- F31/5th of 2,814 restricted stock units vested on June 5, 2018. The remaining 2,251 restricted stock units will commence vesting in four quarterly installments beginning September 5, 2018.
- F41/7th of 1,322 restricted stock units vested on June 5, 2018. The remaining 1,133 restricted stock units will commence vesting in six quarterly installments beginning September 5, 2018.
- F51/9th of 4,770 restricted stock units vested on June 5, 2018. The remaining 4,240 restricted stock units will commence vesting in eight quarterly installments beginning September 5, 2018.
- F61/14th of 21,289 restricted stock units vesting on June 5, 2018. The remaining 19,769 restricted stock units will commence vesting in thirteen quarterly installments beginning September 5, 2018.