Zachary Kirkhorn - Mar 5, 2023 Form 4 Insider Report for Tesla, Inc. (TSLA)

Role
Chief Financial Officer
Signature
By: Aaron Beckman, Power of Attorney For: Zachary J. Kirkhorn
Stock symbol
TSLA
Transactions as of
Mar 5, 2023
Transactions value $
-$2,056,775
Form type
4
Date filed
3/7/2023, 06:58 PM
Previous filing
Feb 8, 2023
Next filing
Apr 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSLA Common Stock Options Exercise $0 +645 +0.33% $0.00 197K Mar 5, 2023 Direct F1
transaction TSLA Common Stock Options Exercise $0 +2.72K +1.38% $0.00 200K Mar 5, 2023 Direct F1
transaction TSLA Common Stock Options Exercise $0 +13.5K +6.75% $0.00 214K Mar 5, 2023 Direct F1
transaction TSLA Common Stock Sale -$1.31M -6.71K -3.14% $195.79 207K Mar 6, 2023 Direct F2
transaction TSLA Common Stock Sale -$744K -3.75K -1.81% $198.39 203K Mar 6, 2023 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 -645 -24.91% $0.00 1.94K Mar 5, 2023 Common Stock 645 $0.00 Direct F5
transaction TSLA Restricted Stock Unit Options Exercise $0 -2.72K -25% $0.00 8.17K Mar 5, 2023 Common Stock 2.72K $0.00 Direct F5
transaction TSLA Restricted Stock Unit Options Exercise $0 -13.5K -50% $0.00 13.5K Mar 5, 2023 Common Stock 13.5K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of the Issuer's common stock were issued to the reporting person upon the vesting of restricted stock units on March 5 2023.
F2 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.
F3 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.205 to $198.390, 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.