SOLARCITY CORP 4
4 · SOLARCITY CORP · Filed Dec 12, 2013
Insider Transaction Report
Form 4
SOLARCITY CORPSCTY
KELLY ROBERT DOUGLAS
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2013-12-12$5.92/sh+20,000$118,400→ 20,000 total - Sale
Common Stock
2013-12-12$50.32/sh−20,000$1,006,424→ 0 total - Exercise/Conversion
Option to purchase Common Stock
2013-12-12−20,000→ 312,014 totalExercise: $5.92Exp: 2021-10-24→ Common Stokc (20,000 underlying)
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 29, 2013.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.45 to $50.775, inclusive. The reporting person undertakes to provide SolarCity Corporation, any security holder of SolarCity Corporation 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.
- [F3]Represents an option in which 20% of the shares subject to the option shall vest and become exercisable upon the achievement of each of certain capital-raising transactions as described in the option agreement, subject to the continued employment of the reporting person with the issuer.