Zachary J. Kirkhorn - 05 Dec 2022 Form 4 Insider Report for Tesla, Inc. (TSLA)

Signature
By: Aaron Beckman, Power of Attorney For: Zachary J. Kirkhorn
Issuer symbol
TSLA
Transactions as of
05 Dec 2022
Net transactions value
-$2,061,094
Form type
4
Filing time
07 Dec 2022, 19:01:51 UTC
Previous filing
08 Nov 2022
Next filing
03 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSLA Common Stock Sale $710,625 -3,750 -2% $189.50 181,526 05 Dec 2022 Direct F1
transaction TSLA Common Stock Options Exercise $0 +648 +0.36% $0.000000 182,174 05 Dec 2022 Direct F2
transaction TSLA Common Stock Options Exercise $0 +2,723 +1.5% $0.000000 184,897 05 Dec 2022 Direct F2
transaction TSLA Common Stock Options Exercise $0 +13,500 +7.3% $0.000000 198,397 05 Dec 2022 Direct F2
transaction TSLA Common Stock Sale $1,350,469 -7,584 -3.8% $178.07 190,814 06 Dec 2022 Direct F3, 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 Restricted Stock Unit Options Exercise $0 -648 -20% $0.000000 2,589 05 Dec 2022 Common Stock 648 $0.000000 Direct F5
transaction TSLA Restricted Stock Unit Options Exercise $0 -2,723 -20% $0.000000 10,890 05 Dec 2022 Common Stock 2,723 $0.000000 Direct F5
transaction TSLA Restricted Stock Unit Options Exercise $0 -13,500 -33% $0.000000 27,000 05 Dec 2022 Common Stock 13,500 $0.000000 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 29, 2022.
F2 Shares of the Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on December 5, 2022.
F3 PURSUANT TO THE ISSUER'S EQUITY PLAN AND POLICIES, THESE SHARES OF COMMON STOCK WERE AUTOMATICALLY WITHHELD AND SOLD BY THE ISSUER TO SATISFY THE REPORTING PERSON'S TAX WITHHOLDING OBLIGATIONS RELATED TO THE VESTING OF RESTRICTED STOCK UNITS REPORTED HEREIN.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.073 to $178.074, 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 1/20th of the total restricted stock units initially subject to this award vested on March 5, 2019, and 1/20th of the total units initially subject to this award vest every three months thereafter, so that all such shares subject to this award will be fully vested as of December 5, 2023.
F6 1/8th of the total restricted stock units initially subject to this award vested on December 5, 2019, and 1/16th of the total units initially subject to this award vest every quarter thereafter, so that all such shares subject to this award will be fully vested on June 5, 2023.