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Tesla, Inc. — Director's Dealing 2013
Nov 13, 2013
29741_dirs_2013-11-13_6b07104f-2ce5-4a43-91cc-479f2a1797ef.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2013-11-08
Reporting Person: Reichow Gregory (VP Manufacturing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-11-08 | Common Stock | M | 14011 | $25.27 | Acquired | 14011 | Direct |
| 2013-11-08 | Common Stock | S | 14011 | $133.281 | Disposed | 0 | Direct |
| 2013-11-08 | Common Stock | M | 989 | $25.27 | Acquired | 989 | Direct |
| 2013-11-08 | Common Stock | S | 989 | $133.281 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-08 | Non-Qualified Stock Option (right to buy) | $25.27 | M | 14011 | Disposed | 2021-04-11 | Common Stock (14011) | Direct |
| 2013-11-08 | Incentive Stock Option (right to buy) | $25.27 | M | 989 | Disposed | 2021-04-11 | Common Stock (989) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.22 to $133.50, 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.
F2: With respect to 13,527 shares subject to the original option, 1/4 of the shares subject to the option became vested and exercisable on March 23, 2012 and 1/48th of the shares subject to the option become vested and exercisable on each monthly anniversary thereafter. With respect to the 50,000 shares subject to the original option, such shares incrementally vest and become exercisable upon the Issuer's achievement of certain performance objectives set forth in the option agreement.
F3: 1/4th of the shares subject to the option became vested and exercisable on March 23, 2012 and 1/48th of the shares subject to the option become vested and exercisable on each monthly anniversary thereafter.