Tesla, Inc. — Director's Dealing 2019

Mar 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tesla, Inc. (TSLA)
CIK: 0001318605
Period of Report: 2019-03-12

Reporting Person: Gracias Antonio J. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-12	Common Stock	M	6800	$29.66	Acquired	16792	Direct
2019-03-12	Common Stock	M	400	$29.66	Acquired	17192	Direct
2019-03-12	Common Stock	S	1290	$281.817	Disposed	15902	Direct
2019-03-12	Common Stock	S	3110	$283.005	Disposed	12792	Direct
2019-03-12	Common Stock	S	2080	$283.692	Disposed	10712	Direct
2019-03-12	Common Stock	S	1410	$284.665	Disposed	9302	Direct
2019-03-12	Common Stock	S	400	$285.865	Disposed	8902	Direct
2019-03-12	Common Stock	S	100	$287.03	Disposed	8802	Direct
2019-03-13	Common Stock	M	7200	$29.66	Acquired	16002	Direct
2019-03-13	Common Stock	S	1190	$283.468	Disposed	14812	Direct
2019-03-13	Common Stock	S	1400	$286.446	Disposed	13412	Direct
2019-03-13	Common Stock	S	2800	$287.408	Disposed	10612	Direct
2019-03-13	Common Stock	S	1500	$288.6	Disposed	9112	Direct
2019-03-13	Common Stock	S	700	$289.79	Disposed	8412	Direct
2019-03-13	Common Stock	S	700	$291.061	Disposed	7712	Direct
2019-03-13	Common Stock	S	100	$291.665	Disposed	7612	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-12	Non-Qualified Stock Option (right to buy)	$29.66	M	6800	Disposed	2019-06-12	Common Stock (6800)	Direct
2019-03-12	Non-Qualified Stock Option (right to buy)	$29.66	M	400	Disposed	2019-06-12	Common Stock (400)	Direct
2019-03-13	Non-Qualified Stock Option (right to buy)	$29.66	M	7200	Disposed	2019-06-12	Common Stock (7200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	271778	Indirect
Common Stock	4253	Indirect

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 5, 2018.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $281.310 to $282.250, 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: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $282.340 to $283.330, 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.

F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $283.360 to $284.255, 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.

F5: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $284.390 to $285.125, 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.

F6: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $285.400 to $286.090, 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.

F7: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $283.200 to $283.640, 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.

F8: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $286.000 to $286.960, 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.

F9: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.000 to $287.860, 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.

F10: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.200 to $288.995, 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.

F11: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.400 to $290.150, 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.

F12: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.520 to $291.320, 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.

F13: These shares are owned directly by AJG Growth Fund LLC. The reporting person is the manager of AJG Growth Fund LLC and may be deemed to have an indirect pecuniary interest in the shares owned by AJG Growth Fund LLC. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.

F14: These shares are owned directly by Valor Equity Management II, LP. The reporting person is the manager of Valor Equity Management II, LP and may be deemed to have an indirect pecuniary interest in the shares owned by Valor Equity Management II, LP. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.

F15: 1/24th of the shares granted became vested and exercisable as of each monthly anniversary beginning on July 8, 2013, such that all shares subject to the Option were fully vested and exercisable by June 8, 2015.

F16: 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 became vested and exercisable as of each monthly anniversary beginning on July 12, 2012, such that all shares subject to the Option became fully vested and exercisable by June 12, 2015.