SEC Form 4 · accession 0001467858-16-000323
General Motors Co · GM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas S Timko
Officer — Vice President & Controller
Period of report
Jun 11, 2016
Accepted (ET)
Jun 14, 2016 · 5:01 pm EDT
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 | Jun 11, 2016 | M | 4,614 | $0.00 | A | 35,365 | D | |
| Common Stock | Jun 11, 2016 | F | 1,638 | $29.06 | D | 33,727 | 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 UnitsF2 | $0.00 | Jun 11, 2016 | M | 4,614 | D | — | — | Common Stock | 4,614 | 4,614 | 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 June 11, 2014, pursuant to the Company's 2014 Long-Term Incentive Plan ("GMLTIP").
- F2The RSUs were awarded on June 11, 2014 pursuant to the GMLTIP. One-third of the RSUs vested on June 11, 2016, and the remaining one-third will vest on June 11, 2017. Each RSU respresents a right to receive one share of the Company's Common Stock upon settlement. RSUs will be settled when they vest provided that the conditions in the GMLTIP have been satisfied. The RSUs do not have an expiration or exercise date or carry a conversion or exercise price.