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Tesla, Inc. Director's Dealing 2010

Jun 25, 2010

29741_dirs_2010-06-25_ed409877-2c4c-41e9-8e71-4b7738a6ceee.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2010-06-28

Reporting Person: Straubel Jeffrey B (Chief Technology Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 255249 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Series B Preferred Stock $ Common Stock (54054) Direct
Series C Preferred Stock $ Common Stock (17621) Direct
Right to Buy (Common Stock) $0.36 2013-05-30 Common Stock (10416) Direct
Right to Buy (Common Stock) $2.10 2014-11-08 Common Stock (9334) Direct
Right to Buy (Common Stock) $2.70 2015-06-03 Common Stock (33333) Direct
Right to Buy (Common Stock) $2.70 2016-04-12 Common Stock (107916) Direct
Right to Buy (Common Stock) $6.63 2016-12-03 Common Stock (117083) Direct
Right to Buy (Common Stock) $14.17 2017-06-11 Common Stock (116650) Direct
Right to Buy (Common Stock) $14.17 2017-06-11 Common Stock (2450) Direct

Footnotes

F1: Each share of the Issuer's Series B preferred stock will automatically convert into .333333 of a share of common stock upon the closing the Issuer's initial public offering, and has no expiration date.

F2: Each share of the Issuer's Series C preferred stock will automatically convert into .350013 of a share of common stock upon the closing the Issuer's initial public offering, and has no expiration date.

F3: 1/4th of the shares subject to the option became vested and exercisable on May 31, 2007 and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter.

F4: 1/48th of the shares subject to the option became vested and exercisable on May 31, 2007 and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter.

F5: 1/48th of the shares subject to the option became vested and exercisable on June 7, 2008 and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter.

F6: 1/48th of the shares subject to the option became vested and exercisable on May 13, 2009 and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter.

F7: 1/48th of the shares subject to the option became vested and exercisable on September 16, 2009 and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter.

F8: Shares subject to the option become vested and exercisable upon the Issuer's achievement of certain performance objectives set forth in the option agreement.

F9: 1/48th of the shares subject to the option become vested and exercisable on July 3, 2010 and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter.