Tesla, Inc. — Director's Dealing 2015

Dec 8, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2015-12-04

Reporting Person: Musk Kimbal (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-04	Common Stock	M	331.0	$28.43	Acquired	152655	Direct
2015-12-04	Common Stock	S	331.0	$229.873	Disposed	152324	Direct
2015-12-04	Common Stock	M	4669.0	$30.08	Acquired	156993	Direct
2015-12-04	Common Stock	S	4669.0	$229.462	Disposed	152324	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-04	Non-Qualified Stock Option (right to buy)	$28.43	M	331.0	Disposed	2018-06-12	Common Stock (331)	Direct
2015-12-04	Non-Qualified Stock Option (right to buy)	$30.08	M	4669.0	Disposed	2019-06-08	Common Stock (4669)	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 $229.74 to $230.18, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $229.08 to $229.85, 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. B

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.