Tesla, Inc. — Director's Dealing 2017

Aug 24, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tesla, Inc. (TSLA)
CIK: 0001318605
Period of Report: 2017-08-22

Reporting Person: Jurvetson Stephen T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-22	Common Stock	M	36111	$261.89	Acquired	36111	Direct
2017-08-22	Common Stock	M	8666	$250.69	Acquired	44777	Direct
2017-08-22	Common Stock	S	20118	$339.822	Disposed	24659	Direct
2017-08-22	Common Stock	S	24659	$340.803	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-22	Non-Qualified Stock Option (right to buy)	$250.69	M	8666	Disposed	2022-06-12	Common Stock (8666)	Direct
2017-08-22	Non-Qualified Stock Option (right to buy)	$261.89	M	36111	Disposed	2022-06-18	Common Stock (36111)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	43	Indirect
Common Stock	104200	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $339.36 to $340.34, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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 $340.43 to $341.34, inclusive. The reporting person undertakes to provide Tesla, Inc., any security holder of Tesla, 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: These shares are owned directly by Draper Fisher Jurvetson Fund X Partners, L.P. Mr. Jurvetson is one of several managing directors of the general partner entities of these funds that directly hold shares and as such Mr. Jurvetson may
be deemed to have voting and investment power with respect to such shares. Mr. Jurvetson disclaims beneficial ownership with respect to such shares except to the extent of his pecuniary interest therein.

F4: These shares are owned directly by the Steve and Karla Jurvetson Living Trust dated August 27, 2002.

F5: Pursuant to the issuer's Outside Director Compensation Policy, these equity awards were granted to the reporting person in connection with his service on a committee of the issuer's Board of Directors. 1/36th of the shares granted shall become vested and exercisable as of each monthly anniversary from June 12, 2015, such that all shares subject to the Option shall be fully vested and exercisable by June 12, 2018.

F6: This stock option award is a triennial equity award granted pursuant to the Company's 2010 Equity Incentive Plan and Outside Director Compensation Policy. 1/36th of the shares granted shall become vested and exercisable as of each anniversary from June 18, 2015, such that all shares subject to the Option shall be fully vested and exercisable by June 18, 2018.