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SES AI Corp — Director's Dealing 2024
Aug 30, 2024
32615_dirs_2024-08-30_f4d23d0a-70a6-471f-b741-04b6eee09202.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SES AI Corp (SES)
CIK: 0001819142
Period of Report: 2024-08-29
Reporting Person: Nealis Jing (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-29 | Class A Common Stock | M | 50000 | $0.16 | Acquired | 2029422 | Direct |
| 2024-08-29 | Class A Common Stock | S | 50000 | $1.0502 | Disposed | 1979422 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-08-29 | Stock Option (Right to Buy) | $0.16 | M | 50000 | Disposed | 2031-02-09 | Class A Common Stock (50000) | Direct |
Footnotes
F1: The option exercise and sale of Class A Common Stock of the issuer was executed pursuant to a Rule 10b5-1 plan entered into by the Reporting Person on May 30, 2024.
F2: Includes 370,799 unvested 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.
F3: Includes 824,552 shares of Class A Common Stock underlying restricted stock units, which are subject to forfeiture until they vest.
F4: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.03 to $1.065, 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.
F5: Reflects options granted on February 10, 2021 that will vest 25% on the first anniversary of the grant date and continue to vest in equal monthly installments over the following 36 months, subject to the Reporting Person's continued service on the vesting date.