Robyn Denholm - Dec 2, 2024 Form 4 Insider Report for Tesla, Inc. (TSLA)

Role
Director
Signature
By: Aaron Beckman, Power of Attorney For: Robyn Denholm
Stock symbol
TSLA
Transactions as of
Dec 2, 2024
Transactions value $
-$37,013,896
Form type
4
Date filed
12/4/2024, 07:00 PM
Previous filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSLA Common Stock Options Exercise $2.78M +112K +132.22% $24.73 197K Dec 2, 2024 Direct F1
transaction TSLA Common Stock Sale -$19.6M -55.7K -28.21% $352.74 142K Dec 2, 2024 Direct F1, F2
transaction TSLA Common Stock Sale -$5.02M -14.2K -10.02% $353.76 128K Dec 2, 2024 Direct F1, F3
transaction TSLA Common Stock Sale -$4.94M -13.9K -10.93% $354.71 114K Dec 2, 2024 Direct F1, F4
transaction TSLA Common Stock Sale -$4.8M -13.5K -11.87% $355.91 100K Dec 2, 2024 Direct F1, F5
transaction TSLA Common Stock Sale -$4.19M -11.7K -11.72% $356.68 88.4K Dec 2, 2024 Direct F1, F6
transaction TSLA Common Stock Sale -$1.13M -3.16K -3.58% $357.99 85.2K Dec 2, 2024 Direct F1, F7
transaction TSLA Common Stock Sale -$71.7K -200 -0.23% $358.64 85K Dec 2, 2024 Direct F1, F8

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 -112K -17.63% $0.00 525K Dec 2, 2024 Common Stock 112K $24.73 Direct F1, F9
* 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 July 25, 2024 and established by the reporting person for the purpose of an orderly liquidation of options scheduled to expire in 2025.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.320 to $353.310, 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 $353.325 to $354.300, 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 $354.320 to $355.310, 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 $355.320 to $356.313, 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 $356.320 to $357.276, 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 $357.450 to $358.430, 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 $358.570 to $358.700, 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.
F9 This stock option is an equity award, which is scheduled to expire in June 2025, 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 following June 18, 2018, such that all options subject to the award became fully vested and exercisable by June 18, 2021.