Jurvetson Stephen T 4
4 · Tesla, Inc. · Filed Aug 24, 2017
Insider Transaction Report
Form 4
Tesla, Inc.TSLA
Jurvetson Stephen T
Director
Transactions
- Exercise/Conversion
Common Stock
2017-08-22$261.89/sh+36,111$9,457,110→ 36,111 total - Sale
Common Stock
2017-08-22$339.82/sh−20,118$6,836,539→ 24,659 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2017-08-22−8,666→ 3,334 totalExercise: $250.69Exp: 2022-06-12→ Common Stock (8,666 underlying) - Exercise/Conversion
Common Stock
2017-08-22$250.69/sh+8,666$2,172,480→ 44,777 total - Sale
Common Stock
2017-08-22$340.80/sh−24,659$8,403,861→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2017-08-22−36,111→ 13,889 totalExercise: $261.89Exp: 2022-06-18→ Common Stock (36,111 underlying)
Holdings
- 43(indirect: by DFJ Fd X Part LP)
Common Stock
- 104,200(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $339.36 to $340.34, 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $340.43 to $341.34, 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.
- [F3]These shares are owned directly by Draper Fisher Jurvetson Fund X Partners, L.P. Mr. Jurvetson is one of several managing directors of the general partner entities of these funds that directly hold shares and as such Mr. Jurvetson may be deemed to have voting and investment power with respect to such shares. Mr. Jurvetson disclaims beneficial ownership with respect to such shares except to the extent of his pecuniary interest therein.
- [F4]These shares are owned directly by the Steve and Karla Jurvetson Living Trust dated August 27, 2002.
- [F5]Pursuant to the issuer's Outside Director Compensation Policy, these equity awards were granted to the reporting person in connection with his service on a committee of the issuer's Board of Directors. 1/36th of the shares granted shall become vested and exercisable as of each monthly anniversary from June 12, 2015, such that all shares subject to the Option shall be fully vested and exercisable by June 12, 2018.
- [F6]This stock option award is a triennial equity award granted pursuant to the Company's 2010 Equity Incentive Plan and Outside Director Compensation Policy. 1/36th of the shares granted shall become vested and exercisable as of each anniversary from June 18, 2015, such that all shares subject to the Option shall be fully vested and exercisable by June 18, 2018.