Tesla, Inc. — Director's Dealing 2019

Feb 16, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tesla, Inc. (TSLA)
CIK: 0001318605
Period of Report: 2019-02-13

Reporting Person: Gracias Antonio J. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-13	Common Stock	M	7200	$29.66	Acquired	19572	Direct
2019-02-13	Common Stock	S	1600	$306.57	Disposed	17972	Direct
2019-02-13	Common Stock	S	3602	$307.594	Disposed	14370	Direct
2019-02-13	Common Stock	S	1797	$308.48	Disposed	12573	Direct
2019-02-13	Common Stock	S	891	$309.208	Disposed	11682	Direct
2019-02-13	Common Stock	S	500	$310.225	Disposed	11182	Direct
2019-02-14	Common Stock	M	7200	$29.66	Acquired	18382	Direct
2019-02-14	Common Stock	S	197	$301.52	Disposed	18185	Direct
2019-02-14	Common Stock	S	803	$302.662	Disposed	17382	Direct
2019-02-14	Common Stock	S	2629	$303.563	Disposed	14753	Direct
2019-02-14	Common Stock	S	4061	$304.627	Disposed	10692	Direct
2019-02-14	Common Stock	S	700	$305.574	Disposed	9992	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-13	Non-Qualified Stock Option (right to buy)	$29.66	M	7200	Disposed	2019-06-12	Common Stock (7200)	Direct
2019-02-14	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 $306.01 to $306.935, 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 $307.02 to $308.01, 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 $308.03 to $309.00, 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 $309.05 to $309.40, 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 $310.75 to $310.475, 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 $301.03 to $302.01, 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 $302.05 to $303.00, 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 $303.055 to $304.050, 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 $304.06 to $305.04, 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 $305.21 to $305.88, 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: 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.

F13: 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.

F14: 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.