SOLARCITY CORP 4
4 · SOLARCITY CORP · Filed Nov 23, 2016
Insider Transaction Report
Form 4
SOLARCITY CORPSCTY
Straubel Jeffrey B
Director
Transactions
- Disposition to Issuer
Common Stock
2016-11-21−758,246→ 0 total - Disposition to Issuer
Option to Purchase Common Stock
2016-11-21−1,000→ 0 totalExercise: $27.37→ Common Stock (1,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2016-11-21−30,000→ 0 totalExercise: $62.51→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]Outstanding shares of the common stock of the Issuer were converted into the right to receive 0.110 shares of Tesla common stock for each share of the Issuer's common stock issued and outstanding, with cash paid in lieu of fractional shares, in accordance with the Merger Agreement.
- [F2]Outstanding stock options and restricted stock unit awards ("RSUs") of the Issuer were assumed by Tesla and automatically converted into corresponding equity incentive awards on common stock of Tesla in accordance with the Merger Agreement.