Form Type: 4

SEC EDGAR Link
Accession Number:0001771340-23-000008
Date:2023-09-05
Issuer: TESLA, INC. (TSLA)
Original Submission Date:

Reporting Person:

TANEJA VAIBHAV
C/O TESLA, INC.
1 TESLA ROAD AUSTIN, TX 78725

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2023-09-05 M 4,000 a $18.22 108,504 direct
COMMON STOCK 2023-09-05 S 4,000 d $250.02 104,504 direct
COMMON STOCK 2023-09-05 M 388 a $0.00 104,892 direct
COMMON STOCK 2023-09-06 S 177 d $249.62 104,716 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 18.22 2023-09-05 deemed execution date M 4,000 (d) 2029-04-19 common stock 4,000 $18.22 808,920 direct
RESTRICTED STOCK UNIT 0.0 2023-09-05 deemed execution date M 388 (d) common stock 388 $0.00 388 direct
Footnotes
IDfootnote
f1 the transactions reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on february 14, 2023.
f2 out of the total of 4,000 shares sold, approximately 1,913 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.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $250.000 to $250.060, 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 shares of the issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on september 5, 2023.
f5 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.
f6 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.
f7 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 by december 5, 2023.
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