Vaibhav Taneja - Nov 8, 2024 Form 4 Insider Report for Tesla, Inc. (TSLA)

Role
Chief Financial Officer
Signature
By: Aaron Beckman, Power of Attorney For: Vaibhav Taneja
Stock symbol
TSLA
Transactions as of
Nov 8, 2024
Transactions value $
-$3,584,316
Form type
4
Date filed
11/13/2024, 07:27 PM
Previous filing
Nov 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSLA Common Stock Options Exercise $146K +8K +7.62% $18.22 113K Nov 8, 2024 Direct F1
transaction TSLA Common Stock Sale -$1.86M -6.2K -5.49% $300.00 107K Nov 8, 2024 Direct F1, F2
transaction TSLA Common Stock Sale -$543K -1.8K -1.68% $301.64 105K Nov 8, 2024 Direct F1, F2, F3
transaction TSLA Common Stock Options Exercise $72.9K +4K +3.81% $18.22 109K Nov 11, 2024 Direct F1
transaction TSLA Common Stock Sale -$1.4M -4K -3.67% $350.00 105K Nov 11, 2024 Direct F1, F4

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 -8K -1.02% $0.00 773K Nov 8, 2024 Common Stock 8K $18.22 Direct F1, F5
transaction TSLA Non-Qualified Stock Option (right to buy) Options Exercise $0 -4K -0.52% $0.00 769K Nov 11, 2024 Common Stock 4K $18.22 Direct F1, F5
* 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 effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 1, 2024.
F2 Out of the total of 8,000 shares sold on November 8, 2024, approximately 3,701 shares were sold to cover the exercise price of, and to satisfy the reporting person's tax withholding obligations related to the exercise of stock options to purchase 8,000 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 $301.530 to $301.780 , 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 Out of the total of 4,000 shares sold on November 11, 2024, approximately 1,831 shares were sold to cover the exercise price of, and to satisfy the reporting person's tax withholding obligations related to the exercise of stock options to purchase 4,000 shares as reported herein.
F5 1/8th of the shares subject to the option became vested and exercisable on September 13, 2019, and an additional 1/48th of the shares subject to the option vested each month thereafter, so that all such shares subject to this option became fully vested on March 13, 2023.