SEC Form 4 · accession 0001467858-15-000104
General Motors Co · GM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig B. Glidden
Officer — Executive Vice President & GC
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 12:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001467858
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Apr 1, 2015 | A | 69,407 | A | — | — | Common Stock | 69,407 | 69,407 | D |
| Restricted Stock UnitsF3,F2 | $0.00 | Apr 1, 2015 | A | 13,099 | A | — | — | Common Stock | 13,099 | 13,099 | D |
Explanation of responses
- F1Restricted Stock Units ("RSUs") were awarded on April 1, 2015, pursuant to the Company's 2014 Long-Term Incentive Plan (the "GMLTIP"). One half of the RSUs will vest on April 1, 2016, and the remaining half will vest on April 1, 2017, provided that the reporting person remains continuously employed through the vesting date. Each RSU represents a right to receive one shares of the Company's common stock upon settlement. RSUs will be settled when they vest provided that the conditions in the GMLTP have been satisfied. The RSUs do not have an expiration or exercise date or carry a conversion or exercise price.
- F2The RSUs do not have a conversion or exercise price, or a date on which they are exercisable or expire.
- F3RSUs were awarded on April 1, 2015, pursuant to the Company's GMLTIP. The RSUs will vest annually in three equal installments beginning on February 11, 2016 pursuant to the terms of the GMLTIP. Upon vesting, each RSU will be settled by delivery of one share of the Company's common stock. The RSUs do not have an expiration or exercise date or carry a conversion or exercise price.