SOLARCITY CORP 4
4 · SOLARCITY CORP · Filed Aug 18, 2015
Insider Transaction Report
Form 4
SOLARCITY CORPSCTY
Serra Tanguy
EVP of Operations
Transactions
- Exercise/Conversion
Common Stock
2015-08-15$0.00/sh+13,931$1→ 13,931 total - Exercise/Conversion
Restricted Stock Unit Award
2015-08-15−13,931→ 97,523 totalExercise: $0.00→ Common Stock (13,931 underlying) - Sale
Common Stock
2015-08-17$47.85/sh−5,399$258,358→ 8,532 total
Footnotes (4)
- [F1]Represents par value of SolarCity Corporation common stock.
- [F2]Represents the non-discretionary sale of shares on behalf of the reporting person to cover the tax withholding obligations associated with the delivery of shares.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.27 to $48.55, inclusive. The reporting person undertakes to provide SolarCity Corporation, any security holder of SolarCity Corporation, 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 the footnote.
- [F4]Represents a restricted stock unit award in which 1/8th of the shares subject to the award vested on August 15, 2015, and 1/16th of the shares subject to the award shall vest each three months thereafter, subject to the continued service of the reporting person with the issuer.