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