0001494727-17-000001.txt : 20170510
0001494727-17-000001.hdr.sgml : 20170510
20170510213535
ACCESSION NUMBER: 0001494727-17-000001
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170508
FILED AS OF DATE: 20170510
DATE AS OF CHANGE: 20170510
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Tesla, Inc.
CENTRAL INDEX KEY: 0001318605
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
IRS NUMBER: 912197729
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3500 DEER CREEK RD
CITY: PALO ALTO
STATE: CA
ZIP: 94070
BUSINESS PHONE: 650-681-5000
MAIL ADDRESS:
STREET 1: 3500 DEER CREEK RD
CITY: PALO ALTO
STATE: CA
ZIP: 94070
FORMER COMPANY:
FORMER CONFORMED NAME: TESLA MOTORS INC
DATE OF NAME CHANGE: 20050222
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Straubel Jeffrey B
CENTRAL INDEX KEY: 0001494727
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34756
FILM NUMBER: 17832353
MAIL ADDRESS:
STREET 1: C/O TESLA MOTORS, INC.
STREET 2: 3500 DEER CREEK ROAD
CITY: PALO ALTO
STATE: CA
ZIP: 94304
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2017-05-08
0
0001318605
Tesla, Inc.
TSLA
0001494727
Straubel Jeffrey B
C/O TESLA, INC
3500 DEER CREEK ROAD
PALO ALTO
CA
94304
0
1
0
0
Chief Technical Officer
Common Stock
2017-05-08
4
M
0
109593
14.17
A
435922
D
Common Stock
2017-05-08
4
M
0
7057
14.17
A
442979
D
Common Stock
2017-05-08
4
M
0
2450
14.17
A
445429
D
Common Stock
2017-05-08
4
S
0
39203
306.601
D
406226
D
Common Stock
2017-05-08
4
S
0
45682
307.328
D
360544
D
Common Stock
2017-05-08
4
S
0
9234
308.413
D
351310
D
Common Stock
2017-05-08
4
S
0
6072
309.461
D
345238
D
Common Stock
2017-05-08
4
S
0
5409
310.276
D
339829
D
Common Stock
2017-05-08
4
S
0
400
311.288
D
339429
D
Common Stock
2017-05-09
4
S
0
100
318.79
D
339329
D
Common Stock
2017-05-09
4
S
0
1074
319.664
D
338255
D
Common Stock
2017-05-09
4
S
0
1500
320.813
D
336755
D
Common Stock
2017-05-09
4
S
0
426
321.475
D
336329
D
Common Stock
2017-05-09
4
M
0
4209
28.45
A
340538
D
Common Stock
2017-05-09
4
M
0
7493
31.49
A
348031
D
Common Stock
2017-05-09
4
M
0
270
249.92
A
348301
D
Incentive Stock Option (right to buy)
28.45
2017-05-09
4
M
0
4209
0.0
D
2021-01-10
Common Stock
4209
0
D
Incentive Stock Option (right to buy)
31.49
2017-05-09
4
M
0
7493
0.0
D
2022-02-13
Common Stock
7493
0
D
Incentive Stock Option (right to buy)
249.92
2017-05-09
4
M
0
270
0.0
D
2026-04-11
Common Stock
270
1467
D
Non-Qualified Stock Option (right to buy)
14.17
2017-05-08
4
M
0
2450
0.0
D
2017-06-11
Common Stock
2450
0
D
Non-Qualified Stock Option (right to buy)
14.17
2017-05-08
4
M
0
109593
0.0
D
2017-06-11
Common Stock
109593
0
D
Non-Qualified Stock Option (right to buy)
14.17
2017-05-08
4
M
0
7057
0.0
D
2017-06-11
Common Stock
7057
0
D
On May 8, 2017, the reporting person exercised long held stock options to purchase 119,100 shares of Tesla's common stock. These stock options were set to expire on June 11, 2017 if left unexercised. On May 9, 2017, the reporting person exercised additional stock options to purchase 11,972 shares of Tesla common stock. In connection with these exercises, the reporting person incurred significant exercise costs and tax liability. A substantial portion of the shares sold pursuant to transactions reported on this Form 4 was used to cover such exercise costs and tax liability. The net effect of the transactions reported on this Form 4 is to increase the reporting person's holdings in Tesla by 22,064 shares.
Amount of securities beneficially owned includes 92 shares acquired under the Tesla, Inc. Employee Stock Purchase Plan on February 28, 2017.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $305.99 to $306.98, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $306.99 to $307.98, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.99 to $308.98, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.99 to $309.98, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.99 to $310.95, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.00 to $311.46, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $319.20 to $320.04, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $320.24 to $321.24, 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 for this in this footnote.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $321.32 to $321.64, 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 for this in this footnote.
1/48th of the shares subject to the option will vest on each monthly anniversary of the grant date, so that all such shares will be vested as of the fourth anniversary of the grant date.
1/8th of the shares subject to the option became vested and exercisable on October 11, 2016 and 1/48th of the shares subject to the option shall become vested and exercisable every month thereafter.
1/48th of the shares subject to the option become vested and exercisable on July 3, 2010 and each month thereafter.
Shares subject to the option become vested and exercisable upon the Issuer's achievement of certain performance objectives set forth in the option agreement.
By: Jonathan Chang, Power of Attorney For: Jeffrey B Straubel
2017-05-10