GM - General Motors Company

11/20/2024 | Press release | Distributed by Public on 11/20/2024 16:20

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Glidden Craig B.
2. Issuer Name and Ticker or Trading Symbol
General Motors Co [GM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President & GC
(Last) (First) (Middle)
300 RENAISSANCE CENTER, M/C: 482-C24-A68
3. Date of Earliest Transaction (Month/Day/Year)
11/18/2024
(Street)
DETROIT, MI 48265-3000
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/18/2024 M 71,142 A $41.4 245,188 D
Common Stock 11/18/2024 S 71,142 D $56.7(1) 174,046 D
Common Stock 11/18/2024 M 80,207 A $39 254,253 D
Common Stock 11/18/2024 S 80,207 D $56.66(2) 174,046 D
Common Stock 11/18/2024 M 139,197 A $35.49 313,243 D
Common Stock 11/18/2024 S 139,197 D $56.4(3) 174,046 D
Common Stock 11/18/2024 M 41,015 A $41.4 215,061 D
Common Stock 11/18/2024 S 41,015 D $56.99(4) 174,046 D
Common Stock 11/18/2024 S 51,581 D $56.81(5) 122,465 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $41.4 11/18/2024 M 71,142 (6) 02/13/2028 Common Stock 71,142 $ 0 0 D
Employee Stock Option (Right to Buy) $39 11/18/2024 M 80,207 (7) 02/13/2029 Common Stock 80,207 $ 0 0 D
Employee Stock Option (Right to Buy) $35.49 11/18/2024 M 139,197 (8) 02/12/2030 Common Stock 139,197 $ 0 0 D
Employee Stock Option (Right to Buy) $41.4 11/18/2024 M 41,015 (9) 02/07/2033 Common Stock 41,015 $ 0 82,030 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Glidden Craig B.
300 RENAISSANCE CENTER
M/C: 482-C24-A68
DETROIT, MI 48265-3000
Executive Vice President & GC

Signatures

/s/ Tia Y. Turk, Attorney-In-Fact for Mr. Glidden 11/20/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $56.30 to $57.50, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
(2) The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $55.93 to $57.50, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
(3) The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $55.85 to $57.50, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
(4) The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $56.83 to $57.50, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
(5) The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $56.63 to $57.50, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote.
(6) These stock options were granted on February 13, 2018, and are fully vested.
(7) These Stock Options were granted on February 13, 2019 and are fully vested.
(8) These Stock Options were granted on February 12, 2020 and are fully vested.
(9) These stock options were granted on February 7, 2023, and one-third has vested . The remaining two installments will vest on February 7, 2025 and February 7, 2026.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.