Tesla, Inc. — Director's Dealing 2015

Mar 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2015-02-27

Reporting Person: Jurvetson Stephen T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-27	Common Stock	M	5333.0	$29.66	Acquired	5333	Direct
2015-02-27	Common Stock	M	20834.0	$29.66	Acquired	26167	Direct
2015-02-27	Common Stock	J	5294.0	$0.0	Disposed	20873	Direct
2015-02-27	Common Stock	J	20873.0	$0.0	Disposed	0	Direct
2015-02-27	Common Stock	J	5294.0	$0.0	Acquired	48920	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-27	Non-Qualified Stock Option (right to buy)	$29.66	M	5333.0	Disposed	2019-06-12	Common Stock (5333)	Direct
2015-02-27	Non-Qualified Stock Option (right to buy)	$29.66	M	20834.0	Disposed	2019-06-12	Common Stock (20834)	Direct

Footnotes

F1: These shares are held directly by the Steve and Karla Jurvetson Living Trust dated August 27, 2002.

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. Pursuant to the issuer's Outside Director Compensation Policy, these equity awards were granted to the reporting person in connection with her service on the committees of the issuer's Board of Directors.

F3: 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.