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

Signature
By: Aaron Beckman, Power of Attorney For: Vaibhav Taneja
Stock symbol
TSLA
Transactions as of
Dec 2, 2024
Transactions value $
-$2,353,499
Form type
4
Date filed
12/4/2024, 08:24 PM
Previous filing
Nov 13, 2024
Next filing
Dec 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSLA Common Stock Options Exercise $128K +7K +6.66% $18.22 112K Dec 2, 2024 Direct F1
transaction TSLA Common Stock Sale -$1.23M -3.5K -3.12% $352.70 109K Dec 2, 2024 Direct F1, F2, F3
transaction TSLA Common Stock Sale -$248K -700 -0.64% $354.03 108K Dec 2, 2024 Direct F1, F2, F4
transaction TSLA Common Stock Sale -$142K -400 -0.37% $355.15 107K Dec 2, 2024 Direct F1, F2, F5
transaction TSLA Common Stock Sale -$499K -1.4K -1.3% $356.30 106K Dec 2, 2024 Direct F1, F2, F6
transaction TSLA Common Stock Sale -$214K -600 -0.57% $357.25 105K Dec 2, 2024 Direct F1, F2, F7
transaction TSLA Common Stock Sale -$108K -300 -0.28% $358.51 105K Dec 2, 2024 Direct F1, F2, F8
transaction TSLA Common Stock Sale -$36K -100 -0.1% $359.94 105K Dec 2, 2024 Direct F1, F2

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 -7K -0.91% $0.00 762K Dec 2, 2024 Common Stock 7K $18.22 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 effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 1, 2024.
F2 Out of the total of 7,000 shares sold on December 2, 2024, approximately 3,199 shares were sold to cover the exercise price, and to satisfy the reporting person's tax withholding obligations related to the exercise of stock options to purchase 7,000 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 $352.480 to $353.150, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.490 to $354.410, 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 $354.710 to $355.670, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.790 to $356.750, 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 $356.800 to $357.620, 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 $357.960 to $358.890, 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 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.