Filing Details
- Accession Number:
- 0001771340-23-000008
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-09-07 19:39:15
- Reporting Period:
- 2023-09-05
- Accepted Time:
- 2023-09-07 19:39:15
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1318605 | Tesla Inc. | TSLA | Motor Vehicles & Passenger Car Bodies (3711) | 912197729 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1771340 | Vaibhav Taneja | C/O Tesla, Inc. 1 Tesla Road Austin TX 78725 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-09-05 | 4,000 | $18.22 | 108,504 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-09-05 | 4,000 | $250.02 | 104,504 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2023-09-05 | 388 | $0.00 | 104,892 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-09-06 | 177 | $249.62 | 104,716 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2023-09-05 | 4,000 | $0.00 | 4,000 | $18.22 |
| Common Stock | Restricted Stock Unit | Disposition | 2023-09-05 | 388 | $0.00 | 388 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 808,920 | 2029-04-19 | No | 4 | M | Direct | |
| 388 | No | 4 | M | Direct |
Footnotes
- 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.
- Out of the total of 4,000 shares sold, approximately 1,913 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 4,000 shares as reported herein.
- 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 $250.060, 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.
- Shares of the Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on September 5, 2023.
- PURSUANT TO THE ISSUER'S EQUITY PLAN AND POLICIES, THESE SHARES OF COMMON STOCK WERE AUTOMATICALLY WITHHELD AND SOLD BY THE ISSUER TO SATISFY THE REPORTING PERSON'S TAX WITHHOLDING OBLIGATIONS RELATED TO THE VESTING OF RESTRICTED STOCK UNITS REPORTED HEREIN.
- 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.
- 1/20th of the total restricted stock units initially subject to this award vested on March 5, 2019, and 1/20th of the total units initially subject to this award vest every three months thereafter, so that all such shares subject to this award will be fully vested by December 5, 2023.
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