SOLARCITY CORP 4
4 · SOLARCITY CORP · Filed Jun 10, 2016
Insider Transaction Report
Form 4
SOLARCITY CORPSCTY
Corey Tobin J
Chief Revenue Officer
Transactions
- Award
Option to Purchase Common Stock
2016-06-08+500,000→ 500,000 totalExercise: $23.07From: 2017-06-08Exp: 2026-06-08→ Common Stock (500,000 underlying)
Footnotes (1)
- [F1]1/4 of the shares subject to the award vest on the Date Exercisable, and the remainder vest in equal monthly amounts over the following 3 years, provided that the reporting person continues to be a service provider to the Issuer as of each vest date. In the event that the Issuer terminates the employment of the reporting person without cause prior to the Date Exercisable, 1/48 of the shares subject to the award shall vest for each full month of service from the Grant Date through the termination of the reporting person.