Tesla, Inc. — Director's Dealing 2020

Feb 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Tesla, Inc. (TSLA)
CIK: 0001318605
Period of Report: 2020-02-20

Reporting Person: Baglino Andrew D (SVP Powertrain and Energy Eng.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-20	Common Stock	M	998	$241.93	Acquired	4805	Direct
2020-02-20	Common Stock	M	1000	$258.18	Acquired	5805	Direct
2020-02-20	Common Stock	M	1000	$313.56	Acquired	6805	Direct
2020-02-20	Common Stock	M	1000	$207.85	Acquired	7805	Direct
2020-02-20	Common Stock	S	4000	$891.928	Disposed	3805	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-20	Non-Qualified Stock Option (right to buy)	$241.93	M	998	Disposed	2024-11-10	Common Stock (998)	Direct
2020-02-20	Non-Qualified Stock Option (right to buy)	$207.85	M	1000	Disposed	2026-01-11	Common Stock (1000)	Direct
2020-02-20	Non-Qualified Stock Option (right to buy)	$313.56	M	1000	Disposed	2028-03-19	Common Stock (1000)	Direct
2020-02-20	Non-Qualified Stock Option (right to buy)	$258.18	M	1000	Disposed	2029-07-19	Common Stock (1000)	Direct

Footnotes

F1: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $891.6187 to $892.3927, 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: 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 with an expiration date of November 10, 2024.

F3: Represents part of a single option award grant, including Incentive Stock Options, initially for an aggregate 26,479 shares. 1/48th of the aggregate shares subject to the option became vested and exercisable on February 11, 2016 and 1/48th of the shares subject to the option become vested and exercisable on each monthly anniversary thereafter, so that all such shares subject to this award became fully vested on January 11, 2020.

F4: Represents part of a single option award grant, including Incentive Stock Options, initially for an aggregate 15,000 shares. 1/60th of the aggregate shares subject to the option became vested and exercisable on March 27, 2018 and 1/60th of the shares subject to the option become vested and exercisable on each monthly anniversary thereafter, so that all such shares subject to this award will be fully vested on December 27, 2022.

F5: Represents part of a single option award grant, including Incentive Stock Options, initially for an aggregate 42,112 shares. 1/60th of the aggregate shares subject to the option became vested and exercisable on July 24, 2019 and 1/60th of the shares subject to the option become vested and exercisable on each monthly anniversary thereafter, so that all such shares subject to this award will be fully vested on April 24, 2024.