Tesla, Inc. — Director's Dealing 2016

Nov 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TESLA MOTORS INC (TSLA)
CIK: 0001318605
Period of Report: 2016-11-22

Reporting Person: Straubel Jeffrey B (Chief Technical Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-22	Common Stock	M	33430	$6.63	Acquired	359655	Direct
2016-11-22	Common Stock	S	7830	$190.078	Disposed	351825	Direct
2016-11-22	Common Stock	S	25600	$191.046	Disposed	326225	Direct
2016-11-22	Common Stock	M	8653	$6.63	Acquired	334878	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-22	Incentive Stock Option (right to buy)	$6.63	M	8653	Disposed	2016-12-03	Common Stock (8653)	Direct
2016-11-22	Non-Qualified Stock Option (right to buy)	$6.63	M	33430	Disposed	2016-12-03	Common Stock (33430)	Direct

Footnotes

F1: The reporting person exercised stock options to purchase 42,083 shares of Tesla common stock that were expiring soon. In connection with the exercise, the reporting person sold 33,430 shares to pay related exercise costs and income taxes.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $189.64 to $190.61, 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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $190.66 to $191.31, 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.

F4: 1/48th of the shares subject to the option become vested and exercisable on September 16, 2009 and 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter.