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General Motors Co — Director's Dealing 2017
Feb 23, 2017
29983_dirs_2017-02-23_f3cb532e-5923-44f9-9b3a-5a5fc5167da9.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: 2017-02-18
Reporting Person: Neumann Karl-Thomas (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-18 | Common Stock | M | 27587 | — | Acquired | 66815 | Direct |
| 2017-02-18 | Common Stock | F | 13099 | $37.16 | Disposed | 53716 | Direct |
| 2017-02-21 | Common Stock | S | 7244 | $37.60 | Disposed | 46472 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-18 | Restricted Stock Units | $0.0 | M | 27587 | Disposed | Common Stock (27587.0) | 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 February 18, 2014, pursuant to the Company's 2009 Long-Term Incentive Plan ("GMLTIP"). This is the final installment of this delivery. Each RSU represents a right to receive one share of the Company's Common Stock upon settlement.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in November 2015. Upon entry into the plan, the Reporting Person provided instructions to his broker to sell shares in quantities and at prices determined at that time. Pursuant to the terms of the plan, the Reporting Person has no discretion to modify those instructions.
F3: The RSUs in this item were granted on February 18, 2014 and were settled on February 18, 2017.
F4: The RSUs do not have a conversion or exercise price, or a date on which they are exercisable or expire.