SEC Form 4 · accession 0001467858-16-000280
General Motors Co · GM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary T Barra
Officer — Chairman & CEO · Director
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 4:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001467858
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 11, 2016 | M | 26,547 | $0.00 | A | 94,212 | D | |
| Common Stock | Feb 11, 2016 | F | 9,932 | $26.90 | D | 84,280 | D | |
| Common StockF2 | Feb 13, 2016 | M | 25,008 | $0.00 | A | 109,288 | D | |
| Common Stock | Feb 13, 2016 | F | 11,794 | $27.40 | D | 97,494 | D | |
| Common StockF3 | Feb 13, 2016 | M | 23,072 | $0.00 | A | 120,566 | D | |
| Common Stock | Feb 13, 2016 | F | 10,881 | $27.71 | D | 109,685 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5 | $0.00 | Feb 11, 2016 | M | 26,547 | D | — | — | Common Stock | 26,547 | 53,092 | D |
| Restricted Stock UnitsF6,F5 | $0.00 | Feb 13, 2016 | M | 25,008 | D | — | — | Common Stock | 25,008 | 12,503 | D |
| Restricted Stock UnitsF7,F5 | $0.00 | Feb 13, 2016 | M | 23,072 | D | — | — | Common Stock | 23,072 | 23,071 | D |
Explanation of responses
- F1The Common Stock reported in this item was issued and delivered upon the vesting of a grant of Restricted Stock Units ("RSUs") awarded on February 11, 2015, pursuant to the Company's 2014 Long-Term Incentive Plan ("GMLTIP").
- F2The Common Stock reported in this item was issued and delivered upon the vesting of a grant of RSUs awarded on February 13, 2014, pursuant to the 2009 GMLTIP.
- F3The Common Stock reported in this item was issued and delivered upon the vesting of a grant of RSUs awarded on June 11, 2014, pursuant to the 2014 GMLTIP.
- F4The RSUs reported in this item were granted on February 11, 2015 and began being settled in three equal, annual installments on February 11, 2016. Each RSU represents a right to receive one share of the Company's Common Stock upon settlement.
- F5The RSUs do not have a conversion or exercise price or a date on which they become exercisable or expire.
- F6RSUs were awarded on February 13, 2014, pursuant to the 2009 GMLTIP. Two-thirds of the RSUs vested on February 13, 2016, and the remaining one-third will vest on February 13, 2017. Each RSU represents a right to receive one share of the Company's Common Stock upon settlement. RSUs will be settled when they vest. The Company has determined that 25% of this award will not vest because the terms set forth in the GMLTIP cannot be satisfied.
- F7The RSUs were awarded on June 11, 2014 pursuant to the 2014 GMLTIP. One-third of the RSUs vested on February 13, 2016, and the remaining one-third will vest on February 13, 2017. Each RSU respresents a right to receive one share of the Company's Common Stock upon settlement.