Tesla, Inc. — Director's Dealing 2012

Jun 12, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2012-06-08

Reporting Person: Gracias Antonio J. (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-12	Non-Qualified Stock Option (right to buy)	$29.66	A	33334	Acquired	2019-06-12	Common Stock (33334)	Direct
2012-06-12	Non-Qualified Stock Option (right to buy)	$29.66	A	24000	Acquired	2019-06-12	Common Stock (24000)	Direct
2012-06-12	Non-Qualified Stock Option (right to buy)	$29.66	A	12000	Acquired	2019-06-12	Common Stock (12000)	Direct
2012-06-12	Non-Qualified Stock Option (right to buy)	$29.66	A	6000	Acquired	2019-06-12	Common Stock (6000)	Direct
2012-06-12	Non-Qualified Stock Option (right to buy)	$29.66	A	9000	Acquired	2019-06-12	Common Stock (9000)	Direct
2012-06-08	Non-Qualified Stock Option (right to buy)	$30.08	A	16666	Acquired	2019-06-08	Common Stock (16666)	Direct

Footnotes

F1: 1/24th of the shares granted shall become vested and exercisable as of each monthly anniversary beginning on June 8, 2013, such that all shares subject to the Option shall be fully vested and exercisable by June 8, 2015.

F2: 1/36th of the shares granted shall become vested and exercisable as of each monthly anniversary of the date of grant, such that all shares subject to the option shall be fully vested and exercisable by the third anniversary of the grant date. This option was automatically granted pursuant to the Company's Outside Director Compensation Policy.

F3: 100% of the shares subject to the option shall vest and become exercisable on the earlier of the first anniversary date of the grant or the day prior to the date of the next annual meeting of the stockholders of the Company following date of grant.