SEC Form 4 · accession 0001408356-16-000126
SOLARCITY CORP · SCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey B Straubel
Director
Period of report
Mar 15, 2016
Accepted (ET)
Mar 16, 2016 · 4:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408356
Table I — non-derivative securities
No Table I lines on this filing.
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 StockF1 | $27.37 | Mar 15, 2016 | A | 1,000 | A | Apr 15, 2016 | Mar 15, 2026 | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F11/36 of the shares subject to the option shall vest on the Date Exercisable set forth above and each month thereafter, provided the reporting person continues to be a director of the Issuer as of each vest date. Any unvested shares shall vest in full upon termination of the reporting person as a director of the Issuer in connection with Change in Control.