Tesla, Inc. — Director's Dealing 2020

Jul 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tesla, Inc. (TSLA)
CIK: 0001318605
Period of Report: 2020-07-20

Reporting Person: Taneja Vaibhav (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-20	Common Stock	M	7	$276.59	Acquired	2806	Direct
2020-07-20	Common Stock	M	810	$273.26	Acquired	3616	Direct
2020-07-20	Common Stock	S	29	$1496.31	Disposed	3587	Direct
2020-07-20	Common Stock	S	300	$1498.15	Disposed	3287	Direct
2020-07-20	Common Stock	S	100	$1519.67	Disposed	3187	Direct
2020-07-20	Common Stock	S	100	$1569.72	Disposed	3087	Direct
2020-07-20	Common Stock	S	111	$1596.387	Disposed	2976	Direct
2020-07-20	Common Stock	S	100	$1628.99	Disposed	2876	Direct
2020-07-20	Common Stock	S	100	$1633.99	Disposed	2776	Direct
2020-07-20	Common Stock	S	47	$1645.414	Disposed	2729	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-20	Non-Qualified Stock Option (right to buy)	$273.26	M	810	Disposed	2029-04-19	Common Stock (810)	Direct
2020-07-20	Non-Qualified Stock Option (right to buy)	$276.59	M	7	Disposed	2028-10-16	Common Stock (7)	Direct

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 June 4, 2020.

F2: Out of the total of 887 shares sold, 478 shares were sold to cover the exercise price of, and to satisfy the reporting person's tax withholding obligations related to the exercise of stock options to purchase 817 shares as reported herein.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,497.930 to $1,498.350, 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 $1,596.370 to $1,596.540, 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 $1,645.410 to $1,645.610, 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: 1/8th of the shares subject to the option became vested and exercisable on September 13, 2019, and an additional 1/48th of the shares subject to the option shall become vested and exercisable each month thereafter, until fully vested on March 13, 2023.

F7: Represents part of a single option award grant, including Incentive Stock Options, initially for an aggregate 1,551 shares. 1/60th of the aggregate shares subject to the option became vested and exercisable on November 1, 2018, and 1/60th of the shares subject to the option shall become vested and exercisable each month thereafter, so that all such shares subject to this option will be fully vested by October 1, 2023.