SES AI Corp — Director's Dealing 2022

Sep 28, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SES AI Corp (SES)
CIK: 0001819142
Period of Report: 2022-02-03

Reporting Person: SK INC. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock, par value $0.0001	42007759	Direct

Footnotes

F1: SK Inc. is the record holder of (i) 38,178,731 shares of Class A Common Stock and (ii) 3,829,028 shares of Class A Common Stock that will be issued to the reporting person if the closing price of shares of the Class A Common Stock is equal to or greater than $18.00 during the period beginning on the date that is the one year following the closing of the Business Combination (the "Closing") and ending on the date that is five years following such closing (the "Earn-Out Shares"). SK, Inc. is the record holder and ultimate beneficial owner of such shares of Class A common stock but disclaims beneficial ownership except to the extent of its pecuniary interest therein, and this filing shall not be deemed an admission that SK, Inc. is, for purposes of Section 16 of the Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.