SEC Form 4 · accession 0001467858-17-000052
General Motors Co · GM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan S. Batey
Officer — Executive Vice President
Period of report
Feb 13, 2017
Accepted (ET)
Feb 15, 2017 · 8:03 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 13, 2017 | M | 6,335 | $0.00 | A | 43,593 | D | |
| Common Stock | Feb 13, 2017 | F | 2,040 | $35.36 | D | 41,553 | D | |
| Common StockF2 | Feb 13, 2017 | M | 6,229 | $0.00 | A | 47,782 | D | |
| Common Stock | Feb 13, 2017 | F | 2,050 | $35.52 | D | 45,732 | D | |
| Common StockF3 | Feb 13, 2017 | A | 109,325 | $0.00 | A | 155,057 | D | |
| Common Stock | Feb 13, 2017 | F | 51,165 | $35.52 | D | 103,892 | 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 13, 2017 | M | 6,335 | D | — | — | Common Stock | 6,335 | 0 | D |
| Restricted Stock UnitsF6,F5 | $0.00 | Feb 13, 2017 | M | 6,229 | D | — | — | Common Stock | 6,229 | 0 | 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 13, 2014 pursuant to the Company's 2009 Long-Term Incentive Plan (the "GMLTIP"). This is the final installment of this delivery. Each RSU represents a right to receive one share of the Company's common stock upon settlement.
- F2The 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. This is the final installment of this delivery. Each RSU represents a right to receive one share of the Company's Common Stock upon settlement.
- F3On June 11, 2014, the Reporting Person received a grant of Performance Stock Units (PSUs). Under the grant, PSUs could be earned based on the achievement of performance conditions relating to ROIC-adjusted and Global Market Share from January 1, 2014 to December 31, 2016. PSUs vested and settled in shares of common stock on February 13, 2017.
- F4The RSUs in this item were granted on February 13, 2014 and were settled on February 13, 2017.
- F5The RSUs do not have a conversion or exercise price, or a date on which they are exercisable or expire.
- F6The RSUs in this item were granted on June 11, 2014 and were settled on February 13, 2017.