Filing Details

Accession Number:
0001503210-15-000012
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-05-18 20:14:20
Reporting Period:
2015-05-15
Filing Date:
2015-05-18
Accepted Time:
2015-05-18 20:14:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1318605 Tesla Motors Inc TSLA Motor Vehicles & Passenger Car Bodies (3711) 912197729
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1494727 B Jeffrey Straubel 3500 Deer Creek Road
Palo Alto CA 94304
Chief Technical Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-05-15 10,000 $6.63 111,569 No 4 M Direct
Common Stock Disposition 2015-05-15 700 $243.54 110,869 No 4 S Direct
Common Stock Disposition 2015-05-15 600 $244.67 110,269 No 4 S Direct
Common Stock Disposition 2015-05-15 200 $245.53 110,069 No 4 S Direct
Common Stock Disposition 2015-05-15 2,300 $246.91 107,769 No 4 S Direct
Common Stock Disposition 2015-05-15 3,192 $247.60 104,577 No 4 S Direct
Common Stock Disposition 2015-05-15 3,008 $248.69 101,569 No 4 S Direct
Common Stock Acquisiton 2015-05-18 33,333 $2.70 134,902 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Incentive Stock Option (right to buy) Disposition 2015-05-18 33,333 $0.00 33,333 $2.70
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2015-05-15 10,000 $0.00 10,000 $6.63
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-06-03 No 4 M Direct
98,430 2016-12-03 No 4 M Direct
Footnotes
  1. The stock option exercise and sales reported on this Form 4 were effected pursuant to a pre-determined Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2015. The reporting person adopted the trading plan to periodically exercise long held stock options that are expiring in 2016. In addition, the reporting person is selling securities in order to fund the exercise of the expiring stock options and the resulting tax liability. The reporting person's ownership in Tesla Motors, Inc. is increasing after taking into account all of the transactions reported on this Form 4.
  2. Amount of securities beneficially owned includes 88 shares acquired under the Tesla Motors, Inc. Employee Stock Purchase Plan on February 27, 2015.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.94 to $243.85, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, Inc. 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 this footnote.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.02 to $244.94, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, Inc. 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 this footnote.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.21 to $245.84, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, Inc. 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 this footnote.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.33 to $247.32, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, Inc. 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 this footnote.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.33 to $248.04, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, Inc. 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 this footnote.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.41 to $249.07, inclusive. The reporting person undertakes to provide Tesla Motors, Inc., any security holder of Tesla Motors, Inc. 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 this footnote.
  9. 1/48th of the shares subject to the option will vest on each monthly anniversary of the grant date, so that all such shares will be vested as of the fourth anniversary of the grant date.