SEC Form 4 · accession 0001670512-17-000005
Tesla, Inc. · TSLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Branderiz
Officer — VP, Chief Accounting Officer
Period of report
Dec 5, 2017
Accepted (ET)
Dec 7, 2017 · 7:17 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, 2017 | M | 4,808 | $0.00 | A | 4,808 | D | |
| Common Stock | Dec 6, 2017 | F | 2,377 | $300.038 | D | 2,431 | D | |
| Common Stock | Dec 7, 2017 | S | 1,229 | $312.61 | D | 1,202 | 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, 2017 | M | 4,808 | D | — | — | Common Stock | 4,808 | 14,422 | 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, 2017.
- 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.
- F34,808 of the restricted units included in this grant vested on December 5, 2017 and the remaining 14,422 shares will commence vesting in twelve equal quarterly installments beginning March 5, 2018.