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Tesla, Inc. — Director's Dealing 2023
Jun 14, 2023
29741_dirs_2023-06-13_cc512532-09a0-4de3-a4b4-1c454e8bd2f7.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: 2023-06-09
Reporting Person: Taneja Vaibhav (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-09 | Common Stock | M | 12000 | $18.22 | Acquired | 116504.25 | Direct |
| 2023-06-09 | Common Stock | S | 12000 | $250.037 | Disposed | 104504.25 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-09 | Non-Qualified Stock Option (right to buy) | $18.22 | M | 12000 | Disposed | 2029-04-19 | Common Stock (12000) | Direct |
Footnotes
F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 14, 2023
F2: Out of the total of 12,000 shares sold, approximately 5,765 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 12,000 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 $250.000 to $250.310, 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: 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 vested each month thereafter, so that all such shares subject to this option became fully vested on March 13, 2023.