SES AI Corp — Director's Dealing 2023

Sep 20, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SES AI Corp (SES)
CIK: 0001819142
Period of Report: 2023-09-18

Reporting Person: Nealis Jing (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-09-18	Class A Common Stock	S	11280	$2.134	Disposed	1543076	Direct

Footnotes

F1: Shares were sold solely to cover taxes upon vesting of a restricted share award, pursuant to a plan adopted on June 14, 2022 intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.125 to $2.145, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

F3: Includes shares of Class A Common Stock under a restricted share award granted on August 16, 2021. The restricted share award vested 25% on the first anniversary of the grant date and will vest in equal monthly installments over the following 36 months, subject to the reporting person's continued service on each vesting date.

F4: Includes shares of Class A Common Stock underlying restricted stock units, which are subject to forfeiture until they vest.