SEC Form 4 · accession 0001467858-18-000039
General Motors Co · GM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles K. Stevens III
Officer — Executive Vice President & CFO
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 7:13 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,F2 | Feb 9, 2018 | S | 35,000 | $40.88 | D | 26,052 | D | |
| Common StockF3 | Feb 10, 2018 | M | 10,375 | $0.00 | A | 36,427 | D | |
| Common Stock | Feb 10, 2018 | F | 2,824 | $41.46 | D | 33,603 | D | |
| Common StockF4 | Feb 11, 2018 | M | 6,360 | $0.00 | A | 39,963 | D | |
| Common Stock | Feb 11, 2018 | F | 1,731 | $41.46 | D | 38,232 | D | |
| Common StockF5 | Feb 11, 2018 | A | 114,482 | $0.00 | A | 152,714 | D | |
| Common Stock | Feb 11, 2018 | F | 49,973 | $41.46 | D | 102,741 | 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 UnitsF6,F7 | $0.00 | Feb 10, 2018 | M | 10,375 | D | — | — | Common Stock | 10,375 | 10,375 | D |
| Restricted Stock UnitsF8,F7 | $0.00 | Feb 11, 2018 | M | 6,360 | D | — | — | Common Stock | 6,360 | 0 | D |
Explanation of responses
- F1The sales reported in this line were effected pursuant to a Rule 10b5-1 trading plan.
- F2The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $40.68 to $41.03, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
- F3The Common Stock reported in this item was issued and delivered upon the vesting of a grant of Restricted Stock Units ("RSUs") awarded on February 10, 2016.
- F4The Common Stock reported in this item was issued and delivered upon the vesting of a grant of RSUs awarded on February 11, 2015.
- F5On February 11, 2015, the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, PSUs could be earned based on the achievement of certain financial targets. PSUs vested and settled in shares of common stock on February 11, 2018.
- F6The RSUs were awarded on February 10, 2016. One-third of the RSUs vested on February 10, 2018, and the remaining one-third will vest on February 10, 2019. Each RSU represents a right to receive one share of the Company's Common Stock upon settlement.
- F7The RSUs do not have a conversion or exercise price, or a date on which they are exercisable or expire.
- F8The RSUs in this item were granted on February 11, 2015 and were settled on February 11, 2018.