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General Motors Co — Director's Dealing 2013
Mar 19, 2013
29983_dirs_2013-03-19_ca81240e-8583-4bec-83a5-82f40e66fa18.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: General Motors Co (GM)
CIK: 0001467858
Period of Report: 2013-03-15
Reporting Person: Reuss Mark L (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-03-15 | Common Stock | M | 13895 | — | Acquired | 66261 | Direct |
| 2013-03-15 | Common Stock | D | 4565 | $28.03 | Disposed | 61696 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-15 | Restricted Stock Units | $0.0 | D | 13895 | Disposed | Common Stock (13895.0) | Direct |
Footnotes
F1: The Common Stock reported in this item was issued and delivered upon the settlement of the portion of a grant of Restricted Stock Units ("RSUs") awarded on March 15, 2010 pursuant to the Company's 2009 Long-Term Incentive Plan (the "GMLTP"). Each RSU represents a right to receive one share of the Company's common stock upon settlement.
F2: On March 15, 2010, the reporting person received a grant of 9,263 RSUs. 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 GMLTP, each issued and outstanding RSU was automatically converted into three RSUs, so that the employee was credited with a total of 27,789 RSUs, of which one half were vested and settled on March 15, 2013. The remaining one half of the RSUs granted will vest as provided in the GMLTP.