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Tesla, Inc. — Director's Dealing 2015
Feb 20, 2015
29741_dirs_2015-02-20_9bddd590-b3ad-4c66-a881-bb5cab16819c.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: 2015-02-18
Reporting Person: Buss Brad W (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-18 | Common Stock | S | 5882.0 | $205.387 | Disposed | 5882 | Direct |
Footnotes
F1: This disposition is a nondiscretionary transaction executed solely to timely comply with the requirements of a deferred compensation plan of Mr. Buss's former employer. Specifically, the shares involved in this transaction were acquired by Mr. Buss under a non-qualified deferred compensation plan (the "Plan") of Cypress Semiconductor Corporation ("Cypress"), of which Mr. Buss served as Chief Financial Officer and Executive Vice President of Finance and Administration until June 1, 2014. The Plan's terms require that all assets allocated to a participant be liquidated and distributed in cash to the participant after specified periods following his or her departure from Cypress.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.33 to $205.47, 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.