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General Motors Co — Director's Dealing 2015
Mar 3, 2015
29983_dirs_2015-03-03_b81ff1e0-ffbf-4013-94ac-36451e8e0c5a.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: 2015-03-01
Reporting Person: Reuss Mark L (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-01 | Common Stock | M | 25812 | — | Acquired | 104373 | Direct |
| 2015-03-01 | Common Stock | F | 11926 | $37.28 | Disposed | 92447 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-01 | Restricted Stock Units | $0.0 | M | 25812 | Disposed | Common Stock (25812.0) | Direct |
Footnotes
F1: The Common Stock reported in this item was issued and delivered upon the vesting of a grant of Restricted Stock Units ("RSUs") awarded on March 1, 2013 pursuant to the Company's 2009 Long-Term Incentive Plan (the "GMLTIP").
F2: RSUs were awarded on March 1, 2013, pursuant to the GMLTIP. Two-thirds of the RSUs vested on March 1, 2015, and the remaining one-third will vest on March 1, 2016. Each RSU represents a right to receive one share of the Company's common stock upon settlement. RSUs will be settled when they vest. The Company has determined that 25% of this award will not vest because the terms set forth in the GMLTIP cannot be satisfied.
F3: Each RSU represents a right to receive one share of the Company's common stock upon settlement. The RSUs do not have a conversion or exercise price, or a date on which they are exercisable or expire.