SEC Form 4 · accession 0001467858-19-000043
General Motors Co · GM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry L Engle II
Officer — Executive Vice President
Period of report
Feb 10, 2019
Accepted (ET)
Feb 12, 2019 · 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 10, 2019 | A | 64,027 | $0.00 | A | 110,594 | D | |
| Common Stock | Feb 10, 2019 | F | 27,916 | $38.70 | D | 82,678 | D | |
| Common StockF2 | Feb 10, 2019 | M | 4,285 | $0.00 | A | 86,963 | D | |
| Common Stock | Feb 10, 2019 | F | 1,226 | $38.70 | D | 85,737 | 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 UnitsF3,F4 | $0.00 | Feb 10, 2019 | M | 4,285 | D | — | — | Common Stock | 4,285 | 0 | D |
Explanation of responses
- F1On February 10, 2016, the Reporting Person received a grant of Performance Stock Units ("PSUs") under the Company's 2014 Long-Term Incentive Plan (the "2014 LTIP"). Under the grant, the PSUs could be earned based on the achievement of certain financial targets. The PSUs vested on February 10, 2019, and were awarded in shares of Common Stock.
- F2The Common Stock reported in this item was issued and delivered upon the vesting of a grant of Restricted Stock Units ("RSUs") awarded to the Reporting Person on February 10, 2016, under the Company's 2014 LTIP.
- F3The RSUs were awarded on February 10, 2016, under the 2014 LTIP. One-third of the RSUs vested on February 10, 2017, February 10, 2018, and February 10, 2019, respectively. Each RSU represents a right to receive one share of the Company's Common Stock upon settlement.
- F4The RSUs do not have a conversion or exercise price, or a date on which they are exercisable or expire.