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Tesla, Inc. Director's Dealing 2018

Dec 7, 2018

29741_dirs_2018-12-06_e7e027c9-a4d5-4100-b53b-897c5224abe8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tesla, Inc. (TSLA)
CIK: 0001318605
Period of Report: 2018-12-03

Reporting Person: Guillen Jerome M (President, Automotive)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-12-03 Common Stock M 1000 $139.34 Acquired 8598 Direct
2018-12-03 Common Stock S 1000 $360.28 Disposed 7598 Direct
2018-12-05 Common Stock M 285 $0.0 Acquired 7883 Direct
2018-12-05 Common Stock F 143 $356.01 Disposed 7740 Direct
2018-12-05 Common Stock M 242 $0.0 Acquired 7982 Direct
2018-12-05 Common Stock F 122 $355.998 Disposed 7860 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-12-03 Non-Qualified Stock Option (right to buy) $139.34 M 1000 Disposed 2024-01-13 Common Stock (1000) Direct
2018-12-05 Restricted Stock Unit $0.0 M 285 Disposed Common Stock (285) Direct
2018-12-05 Restricted Stock Unit $0.0 M 242 Disposed Common Stock (242) Direct

Footnotes

F1: The sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 11, 2018.

F2: Shares of the Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on December 5, 2018.

F3: PURSUANT TO THE ISSUER'S EQUITY PLAN AND POLICIES, SHARES OF COMMON STOCK WERE AUTOMATICALLY WITHHELD AND SOLD BY THE ISSUER TO SATISFY THE REPORTING PERSON'S TAX WITHHOLDING OBLIGATIONS RELATED TO THE VESTING OF RESTRICTED STOCK UNITS REPORTED HEREIN.

F4: 1/4th of the shares subject to the option vested and became exercisable on each of October 6, 2015, May 15, 2017, and July 30, 2017, and the remainder of the shares subject to the option shall become vested and exercisable upon achievement of a certain performance milestone specified in the option agreement.

F5: 1/16th of the total restricted stock units initially subject to this award vested on September 5, 2016, and 1/16th of the total units initially subject to this award vest every three months thereafter.

F6: 1/16th of the total restricted stock units initially subject to this award vested on September 5, 2017, and 1/16th of the total units initially subject to this award vest every three months thereafter.