SEC Form 4 · accession 0001408356-15-000102
SOLARCITY CORP · SCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy E Pfund
Director
Period of report
Dec 16, 2015
Accepted (ET)
Dec 17, 2015 · 6:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408356
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F4 | Dec 16, 2015 | S | 32,651 | $55.0791 | D | 136,557 | I | By Trust |
| Common StockF3,F4 | Dec 17, 2015 | S | 17,349 | $56.5122 | D | 119,208 | I | By Trust |
| Common StockF5 | holding | — | — | — | 38,000 | I | By Trust | |
| Common StockF6,F8 | holding | — | — | — | 928,977 | I | See Footnote | |
| Common StockF7,F8 | holding | — | — | — | 449,279 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2015.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.22, inclusive. The reporting person undertakes to provide SolarCity Corporation, any security holder of SolarCity Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.09 to $56.94, inclusive. The reporting person undertakes to provide SolarCity Corporation, any security holder of SolarCity Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
- F4These shares are owned directly by The Pfund Polakoff Family Trust dtd 2/18/1993.
- F5These shares are owned directly by The Pfund Polakoff 2014 CRUT u/a/d 11/07/14.
- F6These shares are owned directly by DBL Equity Fund-BAEF II, L.P.
- F7These shares are owned directly by Bay Area Equity Fund I, L.P.
- F8The reporting person is a managing partner of H&Q Venture Management, L.L.C., doing business as DBL Investors LLC, which is the managing member of Bay Area Equity Fund Managers I, L. L.C., the general partner of Bay Area Equity Fund I, L.P. The reporting person disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.