SEC Form 4 · accession 0001408356-16-000110
SOLARCITY CORP · SCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth R Weissman
Officer — EVP, General Counsel
Period of report
Jan 4, 2016
Accepted (ET)
Jan 5, 2016 · 5:34 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 Stock | Jan 4, 2016 | M | 6,816 | $1.62 | A | 69,797 | D | |
| Common Stock | Jan 4, 2016 | M | 6,580 | $1.82 | A | 76,377 | D | |
| Common StockF2 | Jan 4, 2016 | S | 15,396 | $50.4729 | D | 60,981 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common Stock | $1.62 | Jan 4, 2016 | M | 6,816 | D | Sep 3, 2009 | Dec 10, 2018 | Common Stock | 6,816 | 0 | D |
| Option to Purchase Common Stock | $1.82 | Jan 4, 2016 | M | 6,580 | D | Feb 1, 2010 | Mar 2, 2020 | Common Stock | 6,580 | 7,785 | D |
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 September 15, 2015.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.58 to $52.83, 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.