General Motors Co — Director's Dealing 2012

Jul 3, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: General Motors Co (GM)
CIK: 0001467858
Period of Report: 2012-06-30

Reporting Person: Cyprus Nick (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-30	Common Stock	M	3072	—	Acquired	45542	Direct
2012-06-30	Common Stock	D	2019	$19.62	Disposed	43523	Direct
2012-06-30	Common Stock	F	1053	$19.62	Disposed	42470	Direct
2012-06-30	Common Stock	M	4818	—	Acquired	47288	Direct
2012-06-30	Common Stock	D	3167	$19.62	Disposed	44121	Direct
2012-06-30	Common Stock	F	1651	$19.62	Disposed	42470	Direct
2012-06-30	Common Stock	M	3873	—	Acquired	46343	Direct
2012-06-30	Common Stock	D	2545	$19.62	Disposed	43798	Direct
2012-06-30	Common Stock	F	1328	$19.62	Disposed	42470	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-30	Salary Stock Units	$0	M	3072	Disposed		Common Stock (3072)	Direct
2012-06-30	Salary Stock Units	$0	M	4818	Disposed		Common Stock (4818)	Direct
2012-06-30	Salary Stock Units	$0	M	3873	Disposed		Common Stock (3873)	Direct
2012-06-30	Salary Stock Units	$0	A	14272	Acquired		Common Stock (14272)	Direct

Footnotes

F1: The Common Stock reported in this item was issued upon the settlement of a portion of a grant of Salary Stock Units ("SSUs) awarded on June 30, 2011 pursuant to the Company's Salary Stock Plan (the "GMSSP") and vested upon grant. The portion of this award currently payable was settled on June 30, 2012 in cash, less a portion withheld for taxes.

F2: Each SSU is the economic equivalent of one share of the Company's common stock. Grants of SSU are fully vested when made and will be settled in three equal, annual installments beginning one year after the date of grant, by the delivery of cash in an amount equal to the fair market value of the Company's common stock as of the applicable anniversary date of the SSU's grant. Under the GMSSP, the fair value of the Company's common stock is the average of the high and low trading prices for the Company's common stock as reported on the New York Stock Exchange, on which it is listed, on the date of the transaction, which was $19.62.

F3: The Common Stock reported in this item was issued upon the settlement of a portion of a grant of SSUs awarded on June 30, 2010.

F4: On June 30, 2010 the employee received a grant of 4,818 SSUs, of which 1,606 SSUs were scheduled to be payable on June 30, 2012. On November 1, 2010 the Company amended its certificate of incorporation to effect a stock split in which each issued and outstanding share of Common Stock was converted into three shares of Common Stock. Pursuant to the terms of the GMSSP, each issued and outstanding SSUs was automatically converted into three SSUs, so that the employee was credited with a total of 14,454 SSUs granted on June 30, 2010 of which 4,818 SSUs became payable on June 30, 2012.

F5: The Common Stock reported in this item was issued upon the settlement of a portion of a grant of SSUs awarded on June 30, 2009.

F6: On June 30, 2009 the employee received a grant of 3,873 SSUs, of which 1,291 SSUs were scheduled to be payable on June 30, 2012. On November 1, 2010 the Company amended its certificate of incorporation to effect a stock split in which each issued and outstanding share of Common Stock was converted into three shares of Common Stock. Pursuant to the terms of the GMSSP, each issued and outstanding SSUs was automatically converted into three SSUs, so that the employee was credited with a total of 11,619 SSUs granted on June 30, 2009 of which 3,873 SSUs became payable on June 30, 2012.

F7: The SSUs do not have an expiration or exercise date or carry a conversion or exercise price.

F8: The SSUs reported in this item were granted on June 30, 2012.