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Filing Details

Accession Number:: 0001494727-17-000001
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-05-10 21:35:35
Reporting Period:: 2017-05-08

Filing Date:: 2017-05-10
Accepted Time:: 2017-05-10 21:35:35
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1318605	Tesla 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	C/O Tesla, Inc 3500 Deer Creek Road Palo Alto CA 94304	Chief Technical Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2017-05-08	109,593	$14.17	435,922	No	4	M	Direct
Common Stock	Acquisiton	2017-05-08	7,057	$14.17	442,979	No	4	M	Direct
Common Stock	Acquisiton	2017-05-08	2,450	$14.17	445,429	No	4	M	Direct
Common Stock	Disposition	2017-05-08	39,203	$306.60	406,226	No	4	S	Direct
Common Stock	Disposition	2017-05-08	45,682	$307.33	360,544	No	4	S	Direct
Common Stock	Disposition	2017-05-08	9,234	$308.41	351,310	No	4	S	Direct
Common Stock	Disposition	2017-05-08	6,072	$309.46	345,238	No	4	S	Direct
Common Stock	Disposition	2017-05-08	5,409	$310.28	339,829	No	4	S	Direct
Common Stock	Disposition	2017-05-08	400	$311.29	339,429	No	4	S	Direct
Common Stock	Disposition	2017-05-09	100	$318.79	339,329	No	4	S	Direct
Common Stock	Disposition	2017-05-09	1,074	$319.66	338,255	No	4	S	Direct
Common Stock	Disposition	2017-05-09	1,500	$320.81	336,755	No	4	S	Direct
Common Stock	Disposition	2017-05-09	426	$321.48	336,329	No	4	S	Direct
Common Stock	Acquisiton	2017-05-09	4,209	$28.45	340,538	No	4	M	Direct
Common Stock	Acquisiton	2017-05-09	7,493	$31.49	348,031	No	4	M	Direct
Common Stock	Acquisiton	2017-05-09	270	$249.92	348,301	No	4	M	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
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	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Incentive Stock Option (right to buy)	Disposition	2017-05-09	4,209	$0.00	4,209	$28.45
Common Stock	Incentive Stock Option (right to buy)	Disposition	2017-05-09	7,493	$0.00	7,493	$31.49
Common Stock	Incentive Stock Option (right to buy)	Disposition	2017-05-09	270	$0.00	270	$249.92
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2017-05-08	2,450	$0.00	2,450	$14.17
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2017-05-08	109,593	$0.00	109,593	$14.17
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2017-05-08	7,057	$0.00	7,057	$14.17

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2021-01-10	No	4	M	Direct
0	2022-02-13	No	4	M	Direct
1,467	2026-04-11	No	4	M	Direct
0	2017-06-11	No	4	M	Direct
0	2017-06-11	No	4	M	Direct
0	2017-06-11	No	4	M	Direct

Footnotes

On May 8, 2017, the reporting person exercised long held stock options to purchase 119,100 shares of Tesla's common stock. These stock options were set to expire on June 11, 2017 if left unexercised. On May 9, 2017, the reporting person exercised additional stock options to purchase 11,972 shares of Tesla common stock. In connection with these exercises, the reporting person incurred significant exercise costs and tax liability. A substantial portion of the shares sold pursuant to transactions reported on this Form 4 was used to cover such exercise costs and tax liability. The net effect of the transactions reported on this Form 4 is to increase the reporting person's holdings in Tesla by 22,064 shares.
Amount of securities beneficially owned includes 92 shares acquired under the Tesla, Inc. Employee Stock Purchase Plan on February 28, 2017.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $305.99 to $306.98, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.99 to $307.98, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.99 to $308.98, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.99 to $309.98, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.99 to $310.95, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.00 to $311.46, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $319.20 to $320.04, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $320.24 to $321.24, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $321.32 to $321.64, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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 for this in this footnote.
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.
1/8th of the shares subject to the option became vested and exercisable on October 11, 2016 and 1/48th of the shares subject to the option shall become vested and exercisable every month thereafter.
1/48th of the shares subject to the option become vested and exercisable on July 3, 2010 and each month thereafter.
Shares subject to the option become vested and exercisable upon the Issuer's achievement of certain performance objectives set forth in the option agreement.