Robyn M. Denholm - 06 May 2024 Form 4 Insider Report for Tesla, Inc. (TSLA)

Role
Director
Signature
By: Aaron Beckman by Power of Attorney For: Robyn M. Denholm
Issuer symbol
TSLA
Transactions as of
06 May 2024
Net transactions value
-$15,151,137
Form type
4
Filing time
07 May 2024, 18:12:12 UTC
Previous filing
14 Mar 2024
Next filing
29 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSLA Common Stock Options Exercise $572,253 +24,698 +165% $23.17 39,698 06 May 2024 Direct F1
transaction TSLA Common Stock Options Exercise $1,091,979 +47,129 +119% $23.17 86,827 06 May 2024 Direct F1
transaction TSLA Common Stock Options Exercise $506,913 +21,878 +25% $23.17 108,705 06 May 2024 Direct F1
transaction TSLA Common Stock Sale $9,895,735 -53,780 -49% $184.00 54,925 06 May 2024 Direct F1, F2
transaction TSLA Common Stock Sale $3,115,990 -16,839 -31% $185.05 38,086 06 May 2024 Direct F1, F3
transaction TSLA Common Stock Sale $2,102,350 -11,281 -30% $186.36 26,805 06 May 2024 Direct F1, F4
transaction TSLA Common Stock Sale $2,208,208 -11,805 -44% $187.06 15,000 06 May 2024 Direct F1, F5

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-Qualified Stock Option (right to buy) Options Exercise $0 -24,698 -36% $0.000000 44,096 06 May 2024 Common Stock 24,698 $23.17 Direct F1, F6
transaction TSLA Non-Qualified Stock Option (right to buy) Options Exercise $0 -47,129 -67% $0.000000 22,861 06 May 2024 Common Stock 47,129 $23.17 Direct F1, F6
transaction TSLA Non-Qualified Stock Option (right to buy) Options Exercise $0 -21,878 -67% $0.000000 10,612 06 May 2024 Common Stock 21,878 $23.17 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 October 23, 2023 and established by the reporting person for the purpose of an orderly liquidation of options scheduled to expire in 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.600 to $184.560, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.670 to $185.610, 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 $185.680 to $186.670, 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 $186.680 to $187.480, 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 This stock option award is an equity award granted pursuant to Tesla Inc's 2010 Amended and Restated Equity Incentive Plan and Outside Director Compensation Policy. 1/36th of the shares granted became vested and exercisable as of each monthly anniversary of August 18, 2017, such that all options subject to the award became fully vested and exercisable by August 18, 2020.