4//SEC Filing
Ban Joanne 4
Accession 0000899243-22-015241
CIK 0001819142other
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 8:20 PM ET
Size
8.9 KB
Accession
0000899243-22-015241
Insider Transaction Report
Form 4
SES AI CorpSES
Ban Joanne
Chief Legal & Corp. Officer
Transactions
- Award
Class A Common Stock
2022-04-18+223,463→ 223,463 total - Award
Performance Vesting Restricted Stock Units
2022-04-18+223,463→ 223,463 total→ Class A Common Stock (223,463 underlying)
Footnotes (3)
- [F1]Represents shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), underlying restricted stock units ("RSUs") granted to the reporting person on April 18, 2022 (the "Grant Date") pursuant to the Issuer's 2021 Incentive Award Plan. The RSUs will vest, and an equal number of shares of Class A Common Stock will be deliverable to the reporting person, in three equal installments on the first, second and third anniversaries of the Grant Date, subject to continued employment through each applicable vesting date.
- [F2]Represents shares of Class A Common Stock underlying performance vesting RSUs ("PSUs") granted to the reporting person on the Grant Date pursuant to the Issuer's 2021 Incentive Award Plan. The PSUs vest in one installment following the end of a three-year period (the "Initial Performance Period") commencing on the Grant Date, subject to the achievement of certain Class A Common Stock price milestones and the reporting person's continued employment through such date. If following the Initial Performance Period there are PSUs that have not vested, then such PSUs remain eligible to vest in an additional installment following the end of a five-year period commencing on the Grant Date, subject to the achievement of certain Class A Common Stock price milestones and the reporting person's continued employment through such date.
- [F3](Continued from Footnote 2) For more information on these terms, see "Item 11. Executive Compensation-Compensation Arrangements for Fiscal 2022-Executive Officer Compensation" of the Issuer's Annual Report on Form 10-K for the fiscal year ended December 31, 2021. The number of PSUs reported represents the maximum number of PSUs that may vest following certification by the Issuer's compensation committee.
Documents
Issuer
SES AI Corp
CIK 0001819142
Entity typeother
Related Parties
1- filerCIK 0001907071
Filing Metadata
- Form type
- 4
- Filed
- Apr 19, 8:00 PM ET
- Accepted
- Apr 20, 8:20 PM ET
- Size
- 8.9 KB