Elon Musk - Nov 16, 2021 Form 4 Insider Report for Tesla, Inc. (TSLA)

Signature
By: Aaron Beckman by Power of Attorney For: Elon Musk
Stock symbol
TSLA
Transactions as of
Nov 16, 2021
Transactions value $
-$201,911,956
Form type
4
Date filed
11/16/2021, 07:02 PM
Previous filing
Nov 15, 2021
Next filing
Nov 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSLA Common Stock Options Exercise $13.2M +2.11M +180.11% $6.24 3.29M Nov 16, 2021 Direct F1
transaction TSLA Common Stock Sale -$13.6M -13.5K -0.41% $1,004.19 3.27M Nov 16, 2021 Direct F1, F2, F3
transaction TSLA Common Stock Sale -$6.79M -6.74K -0.21% $1,007.30 3.27M Nov 16, 2021 Direct F1, F2, F4
transaction TSLA Common Stock Sale -$1.41M -1.4K -0.04% $1,009.32 3.27M Nov 16, 2021 Direct F1, F2, F5
transaction TSLA Common Stock Sale -$1.01M -1K -0.03% $1,010.68 3.26M Nov 16, 2021 Direct F1, F2, F6
transaction TSLA Common Stock Sale -$1.01M -1K -0.03% $1,012.38 3.26M Nov 16, 2021 Direct F1, F2, F7
transaction TSLA Common Stock Sale -$1.12M -1.1K -0.03% $1,014.03 3.26M Nov 16, 2021 Direct F1, F2, F8
transaction TSLA Common Stock Sale -$609K -600 -0.02% $1,014.76 3.26M Nov 16, 2021 Direct F1, F2
transaction TSLA Common Stock Sale -$1.93M -1.9K -0.06% $1,016.34 3.26M Nov 16, 2021 Direct F1, F2, F9
transaction TSLA Common Stock Sale -$3.15M -3.1K -0.1% $1,017.33 3.26M Nov 16, 2021 Direct F1, F2, F10
transaction TSLA Common Stock Sale -$916K -900 -0.03% $1,018.05 3.26M Nov 16, 2021 Direct F1, F2
transaction TSLA Common Stock Sale -$1.02M -1K -0.03% $1,019.33 3.26M Nov 16, 2021 Direct F1, F2, F11
transaction TSLA Common Stock Sale -$4.64M -4.55K -0.14% $1,020.70 3.25M Nov 16, 2021 Direct F1, F2, F12
transaction TSLA Common Stock Sale -$11.1M -10.9K -0.33% $1,021.67 3.24M Nov 16, 2021 Direct F1, F2, F13
transaction TSLA Common Stock Sale -$17.9M -17.5K -0.54% $1,022.89 3.22M Nov 16, 2021 Direct F1, F2, F14
transaction TSLA Common Stock Sale -$17.9M -17.5K -0.54% $1,023.86 3.2M Nov 16, 2021 Direct F1, F2, F15
transaction TSLA Common Stock Sale -$14.9M -14.6K -0.46% $1,024.75 3.19M Nov 16, 2021 Direct F1, F2, F16
transaction TSLA Common Stock Sale -$14.1M -13.8K -0.43% $1,025.91 3.18M Nov 16, 2021 Direct F1, F2, F17
transaction TSLA Common Stock Sale -$14M -13.6K -0.43% $1,026.83 3.16M Nov 16, 2021 Direct F1, F2, F18
transaction TSLA Common Stock Sale -$5.86M -5.71K -0.18% $1,027.69 3.16M Nov 16, 2021 Direct F1, F2, F19
transaction TSLA Common Stock Sale -$3.44M -3.34K -0.11% $1,028.65 3.15M Nov 16, 2021 Direct F1, F2, F20
transaction TSLA Common Stock Sale -$2.06M -2K -0.06% $1,029.75 3.15M Nov 16, 2021 Direct F1, F2, F21
transaction TSLA Common Stock Sale -$10.4M -10.1K -0.32% $1,030.99 3.14M Nov 16, 2021 Direct F1, F2, F22
transaction TSLA Common Stock Sale -$17.6M -17K -0.54% $1,032.25 3.12M Nov 16, 2021 Direct F1, F2, F23
transaction TSLA Common Stock Sale -$5.54M -5.37K -0.17% $1,033.27 3.12M Nov 16, 2021 Direct F1, F2, F24
transaction TSLA Common Stock Sale -$4.35M -4.21K -0.13% $1,034.39 3.12M Nov 16, 2021 Direct F1, F2, F25
transaction TSLA Common Stock Sale -$4.66M -4.5K -0.14% $1,035.44 3.11M Nov 16, 2021 Direct F1, F2, F26
transaction TSLA Common Stock Sale -$8.91M -8.6K -0.28% $1,036.40 3.1M Nov 16, 2021 Direct F1, F2, F27
transaction TSLA Common Stock Sale -$11.7M -11.3K -0.36% $1,037.53 3.09M Nov 16, 2021 Direct F1, F2, F28
transaction TSLA Common Stock Sale -$13.5M -13K -0.42% $1,038.76 3.08M Nov 16, 2021 Direct F1, F2, F29

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TSLA Non-Qualifed Stock Option (right to buy) Options Exercise $0 -2.11M -9.95% $0.00 19.1M Nov 16, 2021 Common Stock 2.11M $6.24 Direct F1, F30, F31
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 THE TRANSACTIONS REPORTED ON THIS FORM 4 WERE AUTOMATICALLY EFFECTED PURSUANT TO A RULE 10B5-1 TRADING PLAN PREVIOUSLY ADOPTED ON SEPTEMBER 14, 2021 AND ESTABLISHED BY THE REPORTING PERSON FOR THE PURPOSE OF AN ORDERLY SALE OF SHARES RELATED TO THE EXERCISES OF OPTIONS SCHEDULED TO EXPIRE IN 2022.
F2 The shares of common stock were sold solely to satisfy the reporting person's tax withholding obligations related to the exercise of stock options to purchase 2,113,761 shares as reported herein.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,003.920 to $1,004.820, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,006.950 to $1,007.860, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,008.780 to $1,009.540, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,010.520 to $1,010.840, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,012.050 to $1,012.700, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,013.440 to $1,014.370, 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.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,016.050 to $1,016.510, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,017.050 to $1,017.760, 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,019.050 to $1,019.990, 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,020.140 to $1,021.060, 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.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,021.250 to $1,022.050, 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.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,022.280 to $1,023.230, 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.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,023.300 to $1,024.240, 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.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,024.300 to $1,025.250, 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.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,025.300 to $1,026.190, 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.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,026.320 to $1,027.250, 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.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,027.370 to $1,028.150, 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.
F20 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,028.480 to $1,029.040, 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.
F21 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,029.490 to $1,029.910, 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.
F22 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,030.650 to $1,031.530, 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.
F23 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,031.720 to $1,032.650, 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.
F24 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,032.750 to $1,033.730, 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.
F25 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,033.870 to $1,034.840, 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.
F26 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,034.890 to $1,035.790, 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.
F27 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,036.050 to $1,036.950, 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.
F28 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,037.140 to $1,038.130, 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.
F29 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,038.140 to $1,039.080, 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.
F30 Effective August 13, 2012, the reporting person was granted an option to purchase 26,374,505 shares of common stock, as adjusted to give effect to a five-for-one forward split of the Issuer's common stock in the form of a stock dividend distributed on August 28, 2020. 1/10 of the total number of shares subject to this option became and will become vested and exercisable each time: (i) the Issuer's market capitalization increases by $4.0 billion above the initially measured market capitalization of $3.2 billion; and (ii) one of 10 specified performance milestones relating to the development of the Issuer's Model X and Model 3 vehicles and our total production of vehicles is attained, subject to the reporting person's continued service to us at each such vesting event.
F31 (Continued from Footnote 30) If any shares have not vested by the end of the term of the option, they will be forfeited and the reporting person will not realize the value of such shares. As of the date of this filing, 23,737,050 of the shares subject to this option have vested and 2,637,455 of the shares have not vested.

Remarks:

This Form 4 is the first of two Form 4s being filed by the Reporting Person relating to the same event. The Form 4 has been split into two filings to cover all 48 individual transactions that occurred on the same Transaction Date, because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate transactions. Each Form 4 will be filed by the Reporting Person.